Maximizing Profit: Year-End Financial Planning for Practices

Leveraging this year's successes and failures to maximize your practice’s profitability and value is vital. But it’s not always easy to know where to start. In our live webinar, review key financial metrics, effective practice management strategies, and goal-setting techniques designed to help you make informed decisions about your practice’s financial health moving forward. Join us to ensure a profitable finish to the year and set a strong foundation for continued success. During this webinar, you'll learn how to: -Assess annual successes and failures -Understand essential financial indicators -Plan for short-term and long-term goals -Identify cost-saving measures and optimize revenue -Plan for retirement and increase practice value 0:00 - 2:26 2:26 - 8:20 Practice Value Methodology 8:20 - 15:20 Capitalization Rate 15:20 - 19:45 Data Points to Track 19:45 - 29:36 Build Your Robust Hygiene Department 29:36 - 34:08 Increase Case Acceptance 34:08 - 41:14 Optimize Collections 41:14 - 42:43 Ensure Your Fees are Properly Set 42:43 - 43:36 Practice Analysis 43:36 - 50:24 Retain Your Most Valuable Asset 50:24 - 56:08 Exit Strategy 56:08 - 01:00:37 "What If" Document/ Emergency Exit" Rely on Us. Learn more at henryscheindental.com Subscribe to our channel at http://bit.ly/HSDsubscribe Connect with us on: Facebook – http://facebook.com/HenryScheinDental Instagram – http://instagram.com/hscheindental Twitter – http://twitter.com/HScheinDental LinkedIn – http://linkedin.com/showcase/henry-schein-dental