Ep 137: The Biggest Profitability Mistakes in Dentistry

Most practice owners focus on 3 key numbers in their office: production, collections, and number of new patients. While these numbers are important to the success of the business, there's one crucial figure missing… profitability.  If you're not paying attention to profitability, you will likely end up with cash flow issues, difficulties making payroll, and stress around paying bills. You could face challenges if you want to take out a loan or sell the business. Profits keep the lights on, so it's important to monitor the profitability of your dental office. In this episode of The Double Your Production Podcast, Dr. John Meis and Wendy Briggs are sharing their best advice for turning a profit each month. If practice profitability isn't where it should be, now is the time to address it. For help with profitability, schedule a call with our team (https://www.theteamtraininginstitute.com/book-a-call) Also, consider joining us at our upcoming Champions of Dentistry Summit in Austin, TX where our focus will be on quickly improving the profitability of your practice: https://www.theteamtraininginstitute.com/summit