Do You Have More Month Than Money?- PDF

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In spite of all their extensive training, Dentists often have a limited awareness of the economics of their business. Little if any training in business, economics, finance, human resources, etc., is provided in the dental curriculum. Unfortunately dentists often begin their practices ill equipped to open, operate and maintain a low stress and highly profitable business. Frequently they are unclear about industry benchmarks, what they signify or how they relate to their own business practice. All too often, dentists merely glance at their business financial statements without careful analysis, before filing them away. Certain “canned” financial statements used by dentists are not presented in a format conducive to proper understanding and analysis. This report will help you better understand and account for the financial side of your dental business and it has the potential to positively impact your bottom line.