Annual Planning

 

Whether you are just starting out or have been in business for many years, having an annual plan is vital for your practice to reach its full potential.  Productive Practice's annual planning and goal setting process will walk you through the diagnostic & planning steps necessary to take control of your numbers and boost your practice productivity and profitability!

 

 

 

 

Session Objectives:

• Understand why your profit and loss statement does not give a complete financial picture
• Know what your actual expenses are
• Forecast expenses
• Comprehend why depreciation & amortization are not true expenses
• Recognize how your practice compares to industry norms
• Categorize and define major expenses, minor expenses, loans & leases and doctor compensation
• Complete an expense projection worksheet
• Understand the three factors that drive production goals
• Forecast doctor and hygiene production goals
• Consider whether you are meeting your hygiene production potential
• Develop an action plan for the coming year

 

Without an annual plan practices often struggle under the weight of unexpected expenses and unrealistic expectations.  Don't let another month pass without a solid plan in place mapped out for success. 

Call Productive Practice today to schedule your Annual Planning and Goal Setting session!