Why Profitable Practices Still Go Broke I Debt Defined

Why do profitable dental practices still struggle financially? In this episode, Mario and Scott break down one of the most misunderstood concepts in dentistry: cash flow. They explain the difference between profit and cash flow, why both matter, and how understanding the movement of money through your practice can help you make smarter financial decisions. Whether you're an associate preparing for ownership or already running a practice, this episode will give you a stronger foundation for long-term success. _____________________________________________________________Want to submit a question that Mario and Scott will answer on the next episode? Email us at [email protected] you're not already, subscribe to The McGill & Lyon Dental Advisory newsletter to stay up-to-date on all things practice management, tax saving, and more! Students and residents- sign up for your FREE membership at mcgillandlyon.com/studentListen to our sister show, Drilling It Down! Listen as our expert advisors break down pertinent business topics for dentists and specialists, including investment commentary, reaching financial independence, and how to run an efficient practice.