P&L Proficiency & Mastery

Massive improvements to your margins start with understanding the anatomy of your P&L.

As margins get squeezed industry-wide, so does your margin for error. Dental Practice Owners need to be more in tune with their P&L than ever before to effectively diagnose and fix the issues causing the leak on their balance sheet.

We're going to teach you how to navigate and diagnose issues on your P&L so you’re properly equipped to take the RIGHT action when the need arises.

Here is what you will learn:

• The anatomy of a proper P&L Statement
  
• Benchmarks of where you should be on each line item of your P&L
• The 30+ levers you can pull to influence your P&L
• The 4 Profitability Frameworks that will help you master your P&L
• Much More

P&L Case Studies

Giving you the tools and the training you to improve your margins, EBITDA, and P&L is massively important; however, it's just as important to SHOW you these trainings in full effect and give examples.

That's why we're going to do a P&L Case Study where we bring in one of the most accomplished Dentist Entrepreneurs in the industry today so we can dissect their profitability journey from beginning to end.

This will be a Q&A format where we'll go through some cadenced questions to start, but then we'll open questions up to you, the audience. This will be a great opportunity to look under the hood of a dental profitability machine. 

Here is what you will learn:

• The journey of a successful dental practice's journey from scraping by to being massively profitable
  
• Roadblocks faced during their profitability journey and how they overcame those
• Tips and tactics to remain profitable these last few years despite inflation, staff cost, insurance headaches, and more
• What moves they plan on making in the next year to maintain or improve their already amazing profitability
• Much More

Operational Efficiency & Decreased Costs

We asked a bunch of Dentist Entrepreneurs what's the #1 thing that is negatively affecting their P&L, and we heard these 2 things more than anything else:

Staff costs and Associates.

Staff costs are skyrocketing, but production isn't following suit. This is causing massive strain on margins.

Furthermore, good Associates are harder than ever to find, and they're even harder to retain. Many practice owners are dishing out far more than they can afford on Associate comp just to keep them somewhat happy, but this wreaking havoc on owner P&L's. 

We are going to cover both of these things at Bootcamp as we show you how to pay Hygienists and Associates to maximize their satisfaction and output while maximizing your profit margins. Furthermore, we're going to show you how to set up Associate Equity Models that create super high retention and work for, not against your P&L.

Here is what you will learn:

• How to pay Hygienists and Associates for maximum employee satisfaction AND profit
  
• The right model to give equity to Associates to maximize retention and profit. 
• How to factor these efficiencies into your P&L
• Much More