Episode 46: Understanding the Numbers of Your Practice

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Manage episode 201919524 series 1779817
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In this episode Jerry interviews CPA Jonathan VanHorn about: "Understanding the Numbers of Your Practice." Jerry met Jonathan through one of his previous Dentistry Confidential interviewees and owner of Ideal Practices, Jayme Amos. As always, this month's interview is designed to make you more comfortable with your Dental Business. Jonathan knows as I do that Dentists get hundreds of hours of education on clinical matters but virtually no business training. Jonathans a smart chap with keen business acument you'll certainly profit from. We cannot emphasize enough, how taking notes and listening to our discussion more than once, will return twice as much (literally) or more. Just a few of the topics we discuss are: Understanding OverheadTop Line Revenue vs the NumbersMaking Bank/Being BrokeSTOP Pinching PenniesPractice Number BenchmarksAdvertising as an Investment (WOW! What a concept!)Getting Paid by the IRS to Grow Your BusinessAssociate PercentagesRemember Estate Planning! Costly Errors Dentists MakeAnd much, much more...

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