Ep. 35: Four Big Mistakes Dentists Make with Finances
With inflation and rising costs recently, being sharp with your finances is more crucial than ever. So in this week’s episode, Jeff discusses common financial mistakes dentists make that can be very costly in the long run—as well as some tips on how to tighten up your practice’s overhead.
Topics:
4:07 – A Profit & Loss Statement is NOT a good representation of your overhead or budget
9:12 – Things you should never outsource
11:21 – Underutilizing the things you’re already paying for
16:02 – Failing to consider long-term impact before making financial decisions
Links:
Morning Production Meeting document - https://www.mgeonline.com/morning-production-meeting-download
Learn more about MGE – https://www.mgeonline.com
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