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Advanced Business Management for Dentists

2 CE Credits

You will receive 2 units of continuing education credit upon successful completion of this course.


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ADA Member: $56.00
Nonmember: $84.00
Dental Team Member: $30.00

Author:


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Dan Kingsbury

Learning Objectives:


Upon completion of this course, participants should be able to do the following:

  1. Understand the meaning of value and how it applies to a dental practice.
  2. Understand how to work in the corporate model of operations, investing and financing.
  3. Comprehend the importance of meaning of financial statements and cash flow.
  4. Implement a seven-point plan to improve practice performance.

Abstract:


This course includes valuable information on how to use your financial statements to help you manage your practice and to improve its value. You will be exposed to an advanced business management system that includes issues such as breakeven analysis and valuation. This course also includes a seven-point plan to improve performance. With this information, you will be able to look at your balance sheets, income statements, and cash flow statements and recognize trends that will help you make informed investment decisions.


Outline:


  1. Introduction

  2. How Do You See Yourself

  3. Personal history

    1. How much do you think your practice is worth?

    2. How much is your future worth?

    3. Do you understand your practice from a corporate model perspective?

    4. Becoming financially literate


  4. An Investment Perspective

  5. Practice Management to Business Management

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