Dental Practice Financing

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For decades, the powerful compressors from DÜRR DENTAL have been considered the heart of the dental practice. The new Silver Airline compressors convince with technical perfection and functions that make them the absolute top model for dentists. Find more information on our website: https://lnkd.in/d-JgafM

#SilverAirline #compressors #DürrDental

▬ About DÜRR DENTAL ▬▬▬▬▬▬▬▬▬▬▬▬
The DÜRR DENTAL SE was founded in 1941 by the brothers Karl and Wilhelm Dürr from Gechingen in the Black Forest as a precision engineering workshop in Stuttgart. The current company headquarters is in Bietigheim-Bissingen. Approx. 475 people are employed here in the areas of production, research and development, purchasing, and sales and marketing. The DÜRR DENTAL Group currently has more than 1300 employees worldwide, achieved sales of over 275 million € in 2020 and with customers in 138 countries. “I am looking back on almost 80 years of corporate success and look to the future with confidence”, says Martin Dürrstein, CEO of DÜRR DENTAL SE. Because the name DÜRR DENTAL has stood for progress and innovation in medical technology for decades, many standards in modern practices can be traced back to company developments.

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All DÜRR DENTAL Videos: https://bit.ly/DürrDentalVideos

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► Website: https://www.duerrdental.com/kontakt/i…

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How to get referrals and get + 1000$ from Trustpad Maximum NUMBER of REFERRALS

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Resources and Links

Follow us for more videos, webinars, articles and podcasts:
Facebook: https://www.facebook.com/samerabusinessadvisors
Instagram: https://www.instagram.com/samerabusinessadvisors/?hl=en
Learning Centre: https://www.samera.co.uk/samera-learning-center/
Dental Business Guide Podcast: https://www.samera.co.uk/the-dental-business-guide/
LinkedIn: https://www.linkedin.com/in/sameradentalservices/
Website: https://www.samera.co.uk/

Check out our playlists for more videos:
Start a Dental Practice Playlist https://www.youtube.com/watch?v=Px55Hu4KgS0&list=PLZtauCHER2jPdnqb8gwQYQeWsrax-RNfD
Buy a Dental Practice Playlist https://www.youtube.com/watch?v=ZPH7wwugPpE&list=PLZtauCHER2jOGQUaLa2Ub1wQWbZup4OZj
Raising Finance for Dentists Playlist https://www.youtube.com/watch?v=tdvs1Gr2dg0&list=PLZtauCHER2jP3uCvKqL6j3hcr7wSCfvry
Accounting for Dentists Playlist https://www.youtube.com/watch?v=pWt7lCuiWng&list=PLZtauCHER2jOtF1s3pzuXYGcoVlRfUTd0
Grow a Dental Practice Playlist https://www.youtube.com/watch?v=VNWEdLg_g8k&list=PLZtauCHER2jN9Y_fEZlr969KQthT8FenJ
Marketing for Dentists Playlist https://www.youtube.com/watch?v=H10DsvtcRL8&list=PLZtauCHER2jMptMvq2gLP9RgC-esgFy4V
Samera Webinars Playlist https://www.youtube.com/watch?v=5eHGorbZW6Y&list=PLZtauCHER2jNPTQi9-JwEY4F4I9Rqx7-K

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About Samera

Samera are business experts who specialise in providing advice, support and expertise to the world’s healthcare businesses. From starting and growing new businesses to raising finance, accounting and marketing, Samera can help you start, scale and sell your healthcare business.

About Arun

Arun is the CEO and founder of the Samera Group, starting the business with just one client sitting at his father’s dining table. Fifteen years on, Team Samera now service hundreds of Dental clients, run exciting events, help clients raise finance, and are very active in helping clients buy or sell Dental practices.

Arun has almost twenty years of commercial experience and knowledge in Dentistry, Arun’s expertise is valued by hundreds of businesses across the UK. His financial acumen and know-how, along with his hands on commercial expertise have helped clients, large and small, new and established to achieve great things.

His energy and passion for helping clients is infectious and leading his team to do their best is at the top of his list of business priorities. He has a vast network of experienced contacts he can draw on to help clients when needed.

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This week, Angus Pryor Number one Google-ranked dental marketer in Australia and Practice Growth Specialist will be sharing with you an ethical bribe that will be worth your while.

📩 Subscribe for more #WinningInBusiness. https://www.youtube.com/channel/UCBCfC6AxDIlLYCJb9EhrEUA

🔔 Hit the notification bell to get notified for the latest tips on marketing your dental practice.

️🎯 Visit Angus Pryor:
Website: https://www.anguspryor.com/
Facebook: https://www.facebook.com/anguspryorofficial/
Instagram: https://www.instagram.com/anguspryorofficial/
LinkedIn: https://www.linkedin.com/company/anguspryorofficial/
Twitter: https://twitter.com/angus_pryor

#dentalmarketingstrategies #dentalmarketingconsultant #dentalmarketingcoach

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Resources and Links

Follow us for more videos, webinars, articles and podcasts:
Facebook: https://www.facebook.com/samerabusinessadvisors
Instagram: https://www.instagram.com/samerabusinessadvisors/?hl=en
Learning Centre: https://www.samera.co.uk/samera-learning-center/
Dental Business Guide Podcast: https://www.samera.co.uk/the-dental-business-guide/
LinkedIn: https://www.linkedin.com/in/sameradentalservices/
Website: https://www.samera.co.uk/

Check out our playlists for more videos:
Start a Dental Practice Playlist https://www.youtube.com/watch?v=Px55Hu4KgS0&list=PLZtauCHER2jPdnqb8gwQYQeWsrax-RNfD
Buy a Dental Practice Playlist https://www.youtube.com/watch?v=ZPH7wwugPpE&list=PLZtauCHER2jOGQUaLa2Ub1wQWbZup4OZj
Raising Finance for Dentists Playlist https://www.youtube.com/watch?v=tdvs1Gr2dg0&list=PLZtauCHER2jP3uCvKqL6j3hcr7wSCfvry
Accounting for Dentists Playlist https://www.youtube.com/watch?v=pWt7lCuiWng&list=PLZtauCHER2jOtF1s3pzuXYGcoVlRfUTd0
Grow a Dental Practice Playlist https://www.youtube.com/watch?v=VNWEdLg_g8k&list=PLZtauCHER2jN9Y_fEZlr969KQthT8FenJ
Marketing for Dentists Playlist https://www.youtube.com/watch?v=H10DsvtcRL8&list=PLZtauCHER2jMptMvq2gLP9RgC-esgFy4V
Samera Webinars Playlist https://www.youtube.com/watch?v=5eHGorbZW6Y&list=PLZtauCHER2jNPTQi9-JwEY4F4I9Rqx7-K

~~

About Samera

Samera are business experts who specialise in providing advice, support and expertise to the world’s healthcare businesses. From starting and growing new businesses to raising finance, accounting and marketing, Samera can help you start, scale and sell your healthcare business.

About Arun

Arun is the CEO and founder of the Samera Group, starting the business with just one client sitting at his father’s dining table. Fifteen years on, Team Samera now service hundreds of Dental clients, run exciting events, help clients raise finance, and are very active in helping clients buy or sell Dental practices.

Arun has almost twenty years of commercial experience and knowledge in Dentistry, Arun’s expertise is valued by hundreds of businesses across the UK. His financial acumen and know-how, along with his hands on commercial expertise have helped clients, large and small, new and established to achieve great things.

His energy and passion for helping clients is infectious and leading his team to do their best is at the top of his list of business priorities. He has a vast network of experienced contacts he can draw on to help clients when needed.

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@Dr Bhavdeep Ahuja
Before the Costs in Dentistry, we need to understand about the GPM – Gross Profit Margin.
The profit margin of the dental practice you are considering should be at least 60% (not GPM but PM).
A 60% profit margin (or 40% overhead) is close to the average (ideal) profitability of dental practices.
If your practice is below that number, it could be a sign the practice isn’t as well run as it should be.
Considering your prime (direct) costs enables you to lower your fees to remain competitive or raise them to recoup profit that you have been leaving on the table.
Gross profit margin is an underutilized tool in managing profitability and colleagues hardly know about it.
But if they learn deeply about it, gross profit margin can easily be helpful for setting clinic charges for basic and simple procedures but complex ones as well.
Because of this ignorance, colleagues for complex restorative and implant cases, just take an estimate of the lab fee and multiply it by a certain factor to determine a fee for the case.
That calculation does not take into account the direct labour or materials, so it is not an accurate measure of profitability.
A better approach to setting fees is to consider the average fee for a service in your area and weigh that against your own gross profit margins.
A dental clinic down the block might be charging more for a given service, but that doesn’t mean it is more profitable.
Although a dental practice can be incredibly successful, there is no denying that it costs a lot of money to run.
If you are not careful about managing your finances, you could actually find your practice losing money, no matter how good your clinical skills and how long your patient list might be.
Though it can be challenging, reducing overhead by just 10% can make a huge difference in your practice’s profitability.
To learn more – See this wonderful presentation.

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