Financial Management – Charlotte, NC
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You can have a dental practice that offers fantastic customer service and world-class dentistry and still financially struggle. It’s far from fair, but it’s a reality we see all too often. The financial side of your business requires attention just like the clinical side, but we know that a lot of people don’t want to spend their off-hours looking at balance sheets. Even if you do have a mind for numbers, we can show you how to easily track them and make the right ones go up and the wrong ones go down consistently.
Why Choose Schwartz Consulting Group for Financial Management Training?
- 30 Years of Experience Helping Dentists Get Results
- Average Single Practice Income Increase: +$346,000
- Custom Designed Systems for Your Practice
Every dentist would love to have a state-of-the-art office, but if they can’t afford it, then it’s kind of out of the question. With our overhead control training, we can let you know where to invest and where to back off so that you have an office that you can be proud of while not going into debt.
When it comes to your practice’s finances, what counts as a good or bad month? How much money should go toward acquisitions, marketing, or continued education? Coming up with financial policies establishes rules of the road for your balance sheet, plus it can create parameters that allow you to prioritize what matters most to you without going into the red.
You want to attract the best talent and retain your long-term employees, but there has to be a limit to compensation in order to keep your business afloat. How do you balance these two things? It can certainly be tough, but you don’t have to figure out everything alone. With our expert input, you’ll know what to pay each person on your team so that both you and them feel satisfied.
No one likes calling patients who owe money to the practice, but the alternative is to simply let thousands of dollars simply remain uncollected, which can hurt you and your team. You don’t have to resort to harassing calls or pleading letters to get the money you’ve earned—there are more effective and humane ways to do this, and we’ll show them to you so that this part of the business is no longer a sore spot.