STEP 1: MAKING THE MOST OF YOUR P&L
What you'll learn:
- How to forecast expenses.
- How to determine actual overhead.
- Why depreciation and amortization are not 'true' expenses.
- How to complete an Expense Projection Worksheet.
- How your practice compares to industry norms.
STEP 2: HOW TO DETERMINE IF YOUR OVERHEAD STACKS UP AGAINST TRUE INDUSTRY STANDARDS
What you'll learn:
STEP 3: HOW TO PROJECT EXPENSES AND GOALS BASED ON THE 3 LOGICAL INDICATORS -- HISTORY, EXPENSES AND POTENTIAL
What you'll learn:
STEP 4: HOW TO MAKE THE MOST OUT OF THE APPROPRIATE NUMBER OF WORKDAYS FOR YOUR PRACTICE
What you'll learn:
- How to plan for days off, holidays, vacations and CE.
- Other important dates that should always be considered.
- What constitutes a full day vs. half day.
- Doctor days first, or hygiene days first?
STEP 5: THE KEY QUESTIONS TO ASK TO DETERMINE YOUR PRACTICE POTENTIAL
What you'll learn:
- Why hygiene production is more predictable.
- How to determine the hygiene daily production average for the previous 12 months, and use it to forecast the coming year.
- How to deal with 'significant' differences between months.
- Are you meeting your hygiene production potential? Possible roadblocks to 'ideal' hygiene production.
STEP 6: IDENTIFY YOUR OBSTACLES AND MOVE BEYOND THEM
STEP 7: ACTION PLANNING -- THE STEP THAT PULLS YOUR PLAN TOGETHER AND MAKES YOUR RESOLUTIONS STICK.
What you'll learn:
- How to establish the doctor's 'needed production'.
- The effect of seasonal trends, and how to deal with them.
- The definition of 'significant' treatment.
- What to do if it doesn't add up!
- Action plan Who, What and When for the coming year.
Note: Participants will receive their own copy of
"Take Control Of Your Overhead", a step-by-step template for preparing a numbers plan that makes the process practically painless.
If you would like to feel more confident discussing those all-important numbers with your employer, and bring a valuable skill to your practice, please contact us today.
Sincerely,
