We are one week from Halloween. That got me thinking… what’s the scariest thing about running a dental practice right now? Is it the overhead? The team drama? The DSO down the street? Insurance checks that keep shrinking? All of those things are real. I get it. They’re out there haunting you every day like… Read more »
Posts Tagged: dental practice profitability
The Profit Machine: How to Build a Practice That Produces Real Wealth
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 »
Stop Managing Overhead. Start Building a Profit Engine.
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 »
To PPO or Not to PPO (Answer This Question First)
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 »
The Bucket of Opportunity: Stop Leaking Profit and Start Growing Your Practice
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 »
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