Episode 66: Toolbox Tuesday - Team Talk: Finances Matter to the Whole Team

Finances can be an uncomfortable topic, but here is the real deal: if the business doesn't make money, we don't have jobs! Welcome to Toolbox Tuesday, Team Talk! In this episode, Jennifer Paxton breaks down the reality of dental practice overhead expenses, why a $1,000 crown doesn't mean $1,000 in the doctor's pocket, and why every team member has a vested interest in the practice's profitability. What we cover in Episode 66: Fixed vs. Variable Overhead: What it actually costs just to turn the lights on. Why dental practice profit margins are tighter than you think. BAM vs. Stretch Goals. Your Challenge This Week: How to talk to your owner doctor about daily goals so you can feel empowered to make an impact. We are in business to make money, and when the practice wins, the whole team wins! Let’s get everyone rowing in the same direction. ‍♀️ ✨ WANT HELP SETTING UP YOUR TEAM GOALS? If your team doesn't know your overhead expenses, daily goals, or how to set up a profit-sharing plan, we are here to help! Connect with us today at: https://pivotdentalsolutions.com Follow Us on Social Media: Drop a comment below or visit our Instagram (https://instagram.com/pivotdentalsolutions_) to let us know what dental education topics you want us to cover next on Team Talk!