Posts Tagged: dental practice profitability

Your CPA says you’re doing fine. Your production is up from last year. The benchmarks all check out. So why doesn’t it feel like you’re winning? Because the people who wrote those benchmarks aren’t living your life. They didn’t sacrifice what you sacrificed. They didn’t bet everything on ownership. They sure as hell aren’t the… Read more »

You’re staring at your P&L at 11pm. Again. You’re wondering why you’re working this hard and still not keeping what you deserve. You’re asking yourself: What should my overhead be? What’s the right percentage for payroll? Am I spending too much on labs? Should my profit margin be 25%? 30%? What’s normal? Yet, right there… Read more »

I get asked this question every single week. In fact, it’s the number one reason doctors reach out to schedule a practice strategy call with me. “Scott, when is my practice ready to drop PPOs?” If this rings true for you, here’s what I want you to understand: You’re asking the wrong question. The real… Read more »

You’re hustling. Your heart’s in the right place. Your intentions are solid. Your patients are getting healthy. Yet, you’ve got leaks… and they’re draining everything you’ve worked for right out from under you. Most doctors think profit leaks are about overhead or payroll. Those are the wrong places to look. A profit leak is something… Read more »

Your top-line number is lying to you… The most important thing you can understand about your practice is the difference between income and profit.  If you truly understand that difference, we can engineer your practice. When I say engineer it, I mean intentionally design it to deliver what you want out of life, not just… Read more »