{"id":14958,"date":"2021-06-13T19:45:04","date_gmt":"2021-06-13T23:45:04","guid":{"rendered":"https:\/\/www.edentalpracticefinancing.com\/blog\/dental-practice-term-loans-call-904-551-6090-hds-tips-to-a-more-profitable-dental-practice-part-1-of-5-income-vs-expenses\/"},"modified":"2021-06-13T19:45:04","modified_gmt":"2021-06-13T23:45:04","slug":"dental-practice-term-loans-call-904-551-6090-hds-tips-to-a-more-profitable-dental-practice-part-1-of-5-income-vs-expenses","status":"publish","type":"post","link":"https:\/\/www.edentalpracticefinancing.com\/blog\/dental-practice-term-loans-call-904-551-6090-hds-tips-to-a-more-profitable-dental-practice-part-1-of-5-income-vs-expenses\/","title":{"rendered":"Dental Practice Term Loans &#8211; Call 904-551-6090:  HDS- Tips to a More Profitable Dental Practice- Part 1 of 5- Income vs. Expenses"},"content":{"rendered":"<p><a href='' target='_blank' rel=\"noopener\">  <\/a><iframe loading=\"lazy\" width=\"580\" height=\"385\" src=\"https:\/\/www.youtube.com\/embed\/V8d2sYVXH88\" frameborder=\"0\" allowfullscreen><\/iframe><br \/>\n<br \/>@Dr Bhavdeep Ahuja<br \/>\nWhat exactly is Profitability?<br \/>\nWe all know \u2013 What is Profit \u2013 Don\u2019t we?<br \/>\nProfit = Income minus Expenses<br \/>\nEven if you are the best dentist in the town, if you don\u2019t manage your money right, you are not going to be able to build and maintain a profitable, financially sustainable practice.<br \/>\nEven if our practice isn\u2019t earning lots of money to start with, our goal should ultimately be, to be sustainable and make a profit to reward ourselves and our team.<br \/>\nWe are then indirectly rewarding our patients through a fantastic patient experience and re-investment into the practice to provide them with the very best standards and new cutting edge equipment.<br \/>\nWe are sometimes so busy producing week after week, only to find there isn\u2019t much money left in the account at the end of the month?<br \/>\nSo, I will ask again in a different manner?<br \/>\nWhat is Profitability?<br \/>\nIs it More Income?<br \/>\nIs it Less Expenses?<br \/>\nPeople look at one of the above (myopic) \u2013 I look at both of the above (telescopic).<br \/>\nProfitability isn\u2019t rocket science, it is about the relationship between income and expense.<br \/>\nSo why do so many dental clinics struggle with profitability?<br \/>\nThe list of reasons is unfortunately endless.<br \/>\nSo, this presentation is about taking a holistic view of both these components.<br \/>\n\t\t\t\t\t\t\t\t\t<br \/><a href=\"https:\/\/www.youtube.com\/watch?v=V8d2sYVXH88\">source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>@Dr Bhavdeep Ahuja What exactly is Profitability? We all know \u2013 What is Profit \u2013 Don\u2019t we? Profit = Income minus Expenses Even if you are the best dentist in the town, if you don\u2019t manage your money right, you are not going to be able to build and maintain a profitable, financially sustainable practice. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35],"tags":[],"class_list":["post-14958","post","type-post","status-publish","format-standard","hentry","category-get-financing-dental-practice"],"_links":{"self":[{"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/posts\/14958","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/comments?post=14958"}],"version-history":[{"count":0,"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/posts\/14958\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/media?parent=14958"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/categories?post=14958"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edentalpracticefinancing.com\/blog\/wp-json\/wp\/v2\/tags?post=14958"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}