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Accounting and Financials of a Dental Practice
January 20 @ 8:30 am - 4:00 pm
Understanding your business numbers and what they are telling you is key to your success. By defining your financial strategy and taking a practical look at your financial reports you can identify trends to help you make better business decisions and understand how your actions are impacting your financial position.
We will review a standard Balance Sheet and Income Statement to highlight key information that you should be looking for, what they mean and how they work together. We will touch on the importance of proper planning with cash forecasts and budgeting and highlight areas to monitor success. We will look at industry-specific key performance indicators (KPIs) and what they mean for your business. Lastly, we will discuss the importance of reliable systems and timely reporting.
By attending this seminar, you will gain stronger financial clarity of your business and understand what needs to be done to help you make more informed business decisions.
- Review key financial reports to make them easier to read and understand
- Understand the meaning of key financial terms
- Identify and understand industry-specific KPI’s
- Understand the importance of proper systems and reporting
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