Do THIS To Achieve Your Dental Practice Financial Goals In 2023 | 5-Minute Friday

As we approach the start of the next year, I want to share something that helps me keep track of my financial goals during the course of the year.This can apply to your personal and, more importantly, your professional life.Start by having a general plan of what you want to accomplish by coming up with some sort of projection of your revenue and costs.This exercise will help bring some predictability to your life and help you manage your practice better. You cannot be an effective manager without written financial goals.Tune in to learn more about it.Key TakeawaysWhat do you want to accomplish? (00:30)Start by having a spreadsheet with your projections (01:23)How to project your revenues and expenses (01:56)Your spreadsheet is your GPS (03:26)A little hint for newer practices (04:00)Shoot for the stars (04:25)The importance of written financial goals (06:13)Additional Resources🔹 Do You Want More Profits and Lower Stress? ... Register for the OrthoPreneurs Summit  2023: https://opsummit2023.com/🔹 For more information, visit: https://orthopreneurs.com/🔹 Join our FREE Facebook group here: https://www.facebook.com/groups/OrthoPreneur

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What does it mean to become an Orthopreneur? Hi there! My name is Dr. Glenn Krieger and I believe that in today’s competitive world, the orthodontic and dental communities should be collaborative. And I've created Orthopreneurs so that we can move towards that goal together. Orthodontists are smart people. You’ve accomplished a lot to get where you are, but chances are you never got a formal education in how to run the most effective and lowest stress practice possible. Don’t sweat it! Because we’ve got your back... Being an Orthopreneur means that you’re a part of a community. A community that brings peers together to become the best clinicians and the best business owners they can be. Becoming an Orthopreneurs means you never ever need to practice alone. Join the FREE Facebook group by simply applying:https://www.facebook.com/groups/OrthoPreneurs