Business Basics for Dentists

Business Basics for Dentists PDF

Author: James L. Harrison

Publisher: John Wiley & Sons

Published: 2023-10-31

Total Pages: 486

ISBN-13: 1119892856

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Concise yet comprehensive overview of business management principles tailored for dental practices, with strategies to apply the core concepts to achieve success Rather than presenting a rote checklist of steps for success, Business Basics for Dentists, Second Edition describes business, economic, marketing, and management principles and explains how to apply them to dental practice. Now fully updated throughout, this book provides the essential elements of a business course—management principles, economics, business finance, and financial analysis—without getting bogged down in too much detail. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. The business management principles are related to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing. All aspects of practice transition are approached, including career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. The book also covers personal financial planning to ensure that the dentist is also planning for their finances and retirement beyond the bounds of the practice. Business Basics for Dentists, Second Edition covers: Personal money management and insurance needs, reducing the personal tax burden, estate planning, and securing financing Business entities, basic economics, the legal environment of the dental practice, financial statements, and business taxes and tax planning Management principles, planning the dental practice, financial analysis, and control in the dental office, maintaining production and collections, and gaining case acceptance Generating patients for the practice, controlling costs, promoting staff effectiveness, and maintaining daily operations Focusing on the transition period from a dental student, through corporate employee, to ownership, Business Basics for Dentists is a valuable tool for dental students and professionals seeking to further their career path through actionable advice from experts in the field.

Business Basics for Dentists

Business Basics for Dentists PDF

Author: David O. Willis

Publisher: Wiley-Blackwell

Published: 2013-04-29

Total Pages: 432

ISBN-13: 9781118581865

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Dr. David Willis combines his experience as a practicing dentist, educator, MBA, and certified financial planner in this breakthrough text about managing a dental business. Rather than a checklist of steps for success, Business Basics for Dentists describes business, economic, marketing, and management principles and explains how to apply them to the dental practice. Willis’s aim is to help students and new practitioners understand how to use the core strategic and operational business philosophies to develop an effective dental practice. He provides the essential elements of a business course--management principles, economics, business finance, and financial analysis--without bogged down in too much detail. These are then related specifically to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing the practice. All aspects of practice transition are approached: career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. Last, Willis included personal financial planning to ensure that the dentist is also planning for his own finances and retirement beyond the bounds of the practice.

Business Basics for Dentists

Business Basics for Dentists PDF

Author: James L. Harrison

Publisher: John Wiley & Sons

Published: 2023-09-21

Total Pages: 486

ISBN-13: 1119892872

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Business Basics for Dentists Concise yet comprehensive overview of business management principles tailored for dental practices, with strategies to apply the core concepts to achieve success Rather than presenting a rote checklist of steps for success, Business Basics for Dentists, Second Edition describes business, economic, marketing, and management principles and explains how to apply them to dental practice. Now fully updated throughout, this book provides the essential elements of a business course—management principles, economics, business finance, and financial analysis—without getting bogged down in too much detail. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. The business management principles are related to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing. All aspects of practice transition are approached, including career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. The book also covers personal financial planning to ensure that the dentist is also planning for their finances and retirement beyond the bounds of the practice. Business Basics for Dentists, Second Edition covers: Personal money management and insurance needs, reducing the personal tax burden, estate planning, and securing financing Business entities, basic economics, the legal environment of the dental practice, financial statements, and business taxes and tax planning Management principles, planning the dental practice, financial analysis, and control in the dental office, maintaining production and collections, and gaining case acceptance Generating patients for the practice, controlling costs, promoting staff effectiveness, and maintaining daily operations Focusing on the transition period from a dental student, through corporate employee, to ownership, Business Basics for Dentists is a valuable tool for dental students and professionals seeking to further their career path through actionable advice from experts in the field.

The Dental Business: a Blueprint for Success

The Dental Business: a Blueprint for Success PDF

Author: Mary Fisher-Day

Publisher:

Published: 2016-11-03

Total Pages: 106

ISBN-13: 9780692726914

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You applied to dental school to become a Dentist. Being a business manager was not likely on your radar. That's where we come in. We provide dentists with the tools and support to achieve results quickly, so you can enjoy practicing dentistry and your life! We know that dental practices are most successful when the entire team is connected, has needed resources and is consistently motivated. The Dental Business: A Blueprint for Successwill show you how to run a successful dental practice. Included are tools for every stage of your practice and career alike. By implementing the systems provided in this book, you will achieve results that normally take years, in a very short period of time. For more information about our Coaching and Consulting services please, email us at: [email protected]. You can also learn about us at www.TheDentalBusiness.com. "You really can have the successful practice you desire; enjoy going to work each day, have a patient base that happily refers to you and enjoy worry-free time away from the office." - Mary Fisher-Day "Hiring Mary as my Dental Consultant was the best thing I ever did for my Practice. She helped me reach 5 and 10 year goals in less than 2 years. Her ability to evaluate my Practice, find the problem areas and address those areas with results, in a very short period of time, amazed me. I actually have a life outside the office and the financial freedom I hoped to have 10 years from now." -Dr. James Richardson Before hiring Mary, we had no idea where our overhead stood. We knew something was out of whack but didn't know where to begin to find the problem. Mary evaluated our overhead, pointed out areas that were in line and areas that needed work. With her help we now have systems in place to monitor our overhead and have the knowledge and tools to keep it in line. In addition, we have fine-tuned our business office and have collections consistently at 98% or above. Our recall percentage is well above the norm and our Hygiene department is more efficient and productive than we ever thought it could be. It's nice to have a competent, dependable Consultant who listens and will tailor Management for the individual needs of the practice." -Doctors Doug and Cathy Smith

Dentistry's Business Secrets

Dentistry's Business Secrets PDF

Author: Edward M. Logan, DDS

Publisher: Author House

Published: 2011-02-21

Total Pages: 463

ISBN-13: 145202572X

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Rave reviews for Dentistry's Business Secrets! “Dentistry’s Business Secrets by Dr. Ed Logan is a gift to dentistry. If you are a struggling or brand new practice, this book just might be the inspiration you need to help turn things around!” Howard Farran DDS, MBA, MAGD Founder and CEO, DentalTown Magazine and DentalTown.com “In a well written and easily understood book, Dr. Ed Logan has answered in a practical way many of the most important questions about dental practice. The information in the book will be valuable to practitioners of all ages.” Gordon Christensen, DDS, MSD, PhD Founder and Director of Practical Clinical Courses (PCC) “If you are a dentist who is ready to seriously grow your practice, Dentistry’s Business Secrets will certainly help you reach your goals! Written by a real dentist who has “been there and done that,” we consider this book a MUST READ for anyone in our profession! Dr. David Madow Dr. Richard Madow “The Madow Brothers,” Co-founders, The Madow Group, Creating Success for Dentists since 1989! “Finally! A book that gives step by step instructions for operating an effective and efficient dental practice. Whether you are a brand new dentist or a seasoned dental professional, the systems outlined in this book will not only help you become more profitable, but will actually make your chosen profession more enjoyable. Don’t just read this book, but implement the systems outlined in it and enjoy the success that follows. This book is a must read for every dental professional!” Larry Mathis, CFP® Author, Bridging the Financial Gap for Dentists “Ed Logan is a great business person who happens to be a dentist, and therein lies his value to us as his readers. Dentistry’s Business Secrets is a game plan for turning your dental practice into a thriving business. One of the best practice development investments you will ever make!” Eric Herrenkohl President of Herrenkohl Consulting Whether you are a new dentist opening your first practice or an experienced dentist looking to take your current practice to the next level, Dr. Edward Logan's new book on dental practice growth will help you achieve your goals. Written by a dentist for dentists, Dentistry's Business Secrets reveals the vital business truths Dr. Logan perfected while growing three successful dental practices from scratch. If you desire to maximize your practice value in the most efficient manner possible, then Dentistry's Business Secrets is your A to Z guide to success. Uncover the essential truths not taught in dental school and watch your practice life become less stressful, more predictable, more enjoyable and more profitable!

Dental Practice Transition

Dental Practice Transition PDF

Author: David G. Dunning

Publisher: John Wiley & Sons

Published: 2016-07-08

Total Pages: 528

ISBN-13: 1119119472

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Dental Practice Transition: A Practical Guide to Management, Second Edition, helps readers navigate through options such as starting a practice, associateships, and buying an existing practice with helpful information on business systems, marketing, staffing, and money management. Unique comprehensive guide for the newly qualified dentist Covers key aspects of practice management and the transition into private practice Experienced editorial team provides a fresh, balanced and in-depth look at this vitally important subject New and expanded chapters on dental insurance, patient communication, personal finance, associateships, embezzlement, and dental service organizations

The Business of Dentistry

The Business of Dentistry PDF

Author: Raj Rattan

Publisher: Quintessence Publishing Company Limited

Published: 2019-03-19

Total Pages: 156

ISBN-13: 1850973326

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This book explores the interface between clinical dentistry and the management of a modern dental practice. It covers a range of business areas, including the principles of financial management and the use of financial ratios and indicators in relation to practice profitability. There will be an overview of modern marketing techniques including the concept of branding.

Growing Your Dental Business

Growing Your Dental Business PDF

Author: Penny Reed

Publisher:

Published: 2015-05-11

Total Pages: 166

ISBN-13: 9781941870228

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In dental school, you had a big dream for your career and future practice. If your dream has been derailed or you are feeling unfulfilled, Growing Your Dental Business will reveal five keys to growth, including how you can: Increase your new patient load Increase your active patients Increase your case acceptance ratios Increase office efficiency Increase hygiene membership If you feel like you have hit the wall, find out what others have done to move past obstacles and get the results they were looking for. Learn, apply the steps in this book, and maximize your results."