I recommend this series of dentistry webinars to any dental practice owners or anyone considering purchasing a practice and wanting to gain more confidence in their numbers.
I have been on a Chris Barrow finance course, which was excellent; it gave me a real insight into the number of dentists I need to focus on, and we can work with our customers. His course cost me much more than the free ones over the next three 1 hour evenings starting tonight at 7 pm. I’ve registered and will be attending.
In the words of Dentistry Webinars
This will be a complete beginner’s guide to understanding practice finances – no previous experience is necessary. Delegates have to be numerate and have a basic understanding of Excel. Chris’s mission is to help as many people as possible remove their fear of finance, put them back in control, and create financial confidence for the remainder of 2024 and beyond. ‘No charge, no obligation – just be there so I can return to an industry that has given me so much.’
Wednesday, 28 February at 7:00 PM
- Understanding your P&L (profit and loss)
- Measuring key performance indicators (KPIs)
- Creating budgets and cash flows.
Thursday, 29 February at 7:00 PM
- Monitoring average daily production
- Calculating operating cost per surgery per day
- Measuring associate profitability.
Friday 1 March at 7:00PM
- Understanding EBITDA
- Calculating your goodwill value
- Setting your prices accurately for a fee per item and dental plans.
The registration link is at Unlock Financial Confidence with Chris Barrow’s Webinar Series! (mailchi.mp)