Dental Practice Financing

More information: https://dentaljgs.com/produto/dentists-marketing-dental-video-of-endodontic-treatment/

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SDmanage by Sabka Dentist – Webinar Series
Module 1: Financial Management for Dentists

SDmanage is a webinar on dental clinic management webinar series for dentists.
The first Module is scheduled for 25.04.2020, 4 – 5 PM

Please click here on 25.04.2020 at 3.50 pm to attend the webinar:
https://livewebinar.com/573-163-344/d62faf05fdcba9f0a7fc430902a1333e

This webinar series is an ongoing series of webinars which focusses on improving clinic efficiency and optimization with a view to building a successful and growing dental clinic.

This webinar would cover the following topics on a continuing basis.
This means that if due to paucity of time some topics cannot be covered they will be continued in the next session of the same module.

It is based on the learnings of more than 10 years of Sabka Dentist’s experience with organized dental clinic management across 3 states and more than 100 dental clinics.

The webinar covers several areas that influence the success of a dental practice. Separate modules on Financial Management, New Clinic Setup, Operations, Clinical Services, Marketing and Legal & Compliance provide a complete view on dental clinic management and building a successful dental practice.

The first Module is scheduled for 25.04.2020, 4 – 5 PM
Please click here on 25.04.2020 at 3.50 pm to attend the webinar:
https://livewebinar.com/573-163-344/d62faf05fdcba9f0a7fc430902a1333e

Module 1: Financial Management for Dentists

Basic Understanding of Finance (done on 25-04-2020)
o Fundamentals
o Variable & Fixed Costs
o Opex & Capex
o Margins
o Assets vs Liabilities
o Importance of Metrics

Budgeting
o Capex Investment / Cost Sheet (Pre Op)
o Projections for 12 months
o Break Even Analysis
o Profit & Loss for 12 months
o Balance Sheet for 12 months
o Cash Flow of 12 Months

Sources of Finance
o Determine Capex Requirement
o Determine Working Capital Requirement
o Plan for Debt

Cash Flow Management
o Identifying Short Term & Long Term Requirements
o Time Frames for expenses and payments
o Projection of cash receipts and target setting
o Mitigation of shortfalls

Vendor Management
o Identifying Vendors
o Negotiating Prices
o Setting Payment Terms
o Managing Relationships

Financial Statements
o Profit & Loss Statement
o Cash Flow Statement
o Balance Sheet
o MIS

Taxation

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Shawn Russell, of owner Red Star Marketing, talks about the important factors you should consider when looking for a dental marketing consultant

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Tune in as Michael Fleming introduces a FREE COVID-19 Patient Letter from Innovate Dental Marketing! With dental practices starting to come online after weeks of closure due to the COVID-19 Pandemic, patient communication is going to be a critical piece of your re-entry puzzle!

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Dental Leads WithOUT Groupon, Yelp, or ZocDoc In this video, I’m going to show you how to generate Dental patient leads WITHOUT burning money on the …

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Not seeing the ROI you want from your office’s marketing? The culprit may be less complex than you think.

Mike Allsop, Vice President of Marketing for Henry Schein One discusses with Douglas Sligting, President of Ascent Practice Growth Strategies at the 2019 Chicago Dental Society annual meeting.

To learn more about Ascent go to: https://ascentpgs.com/

To learn more about Henry Schein One go to: https://www.henryscheinone.com/

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