The Dentalpreneur Podcast w/ Dr. Mark Costes cover image

1883: Optimizing Dental Practices & Leadership Pt. 2

The Dentalpreneur Podcast w/ Dr. Mark Costes

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Managing Cash Flow in a Dental Practice

The importance of cash flow in a dental practice is discussed, referencing the book 'Profit First' and outlining a system for financial management. Strategies for saving and managing taxes in dental practices are explained, highlighting the benefits of setting aside a percentage of income for taxes. The importance of setting up systems for cash flow and overhead control, annual budgeting, and goal-setting is emphasized.

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