Do you know the numbers that matter in your dental practice?
Today’s show is a clip from a past interview where I was featured on Howard Speaks with Howard Farran - the founder of Dental Town.
I went over a few things that I don’t normally cover in interviews on this show, and I go in-depth on the metrics that drive a successful dental practice.
In today’s bonus, I’m sharing a quick exercise you can use to get a grasp on the account in your business so that you can see where your practice is headed.
Go here to get today's episode bonus: The "Know Your Numbers" Litmus Test.Here are a few things you'll discover in today's episode:
Appointment by appointment: Are you making money or losing money? What sets apart million and billionaires in terms of the roles they have on their employee teams The business quote that Bill Gates lives by that’s applicable to dental practice owners Which accounting software and practice management I personally recommend to my private clients How I spot embezzlement in a non-traditional way (this is how sneaky employees get away with stealing thousands of dollars from your practice) Metrics in your business. Do I personally believe in having transparency around the numbers that matter in your practice (and should employees know how much is in the bank?) How to read your balance sheet (and why this is critical to building a successful practice)
Free Episode Bonus:
When you know what numbers you need to focus on to drive your dental practice, everything else becomes clear.
Access the "Know Your Numbers" Litmus Test I mentioned in today's episode so that you can easily grasp (and stay aware of) your key metrics by clicking here.
Quotes - Click To Share On Twitter:
"Accounting is the language of business." - Jonathan VanHorn "We always overestimate the change that will occur in the next two years and underestimate the change that will occur in the next ten." - Bill Gates
Resources:
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