Understanding Budgeting for Dental Practices: Financial Strategies for Success
Understanding Budgeting for Dental Practices: Financial Strategies for Success
Understanding Budgeting for Dental Practices: Financial Strategies for Success
In this episode of the Dental Dialogue Podcast, hosts Kimberly Lucas and Dr. Dawn Durbin shed light on the often-neglected topic of budgeting in the dental industry. They delve into the challenges faced by dentists in understanding and managing their finances. The hosts share personal experiences to emphasize the transformative power of budgeting, from providing stability during emergencies to achieving financial freedom.
Recognizing the lack of formal education on financial management in dental schools, the hosts pledge to offer a free budget tracking sheet through their website to support dentists in their journey toward financial proficiency. They encourage audience engagement and feedback, solidifying their commitment to equipping dentists with the resources they need to thrive in their practices.
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From The Podcast
Dental Dialogue
Discover the secrets to running a thriving dental practice while achieving low-stress days and emerging with excellence across three critical pillars: Practice, Patients, and Peace. With expert insights, success stories, and actionable tips, we're here to help you regain control of your practice, avoid frustrations, and excel in your dental career.Emerge as a successful dental practitioner, create a patient-centered environment, and find the peace, balance, and financial freedom you deserve. Your journey to dental practice success starts here on "Dental Dialogue."Tune in for inspiring conversations, valuable strategies, and transformative insights.Meet Your Hosts:Dr. Dawn Durbin brings over two decades of experience as a dentist, with a special interest in biocompatible dentistry. Her journey in the dental field began in college as an oral surgery assistant then she earned her Doctor of Dental Surgery (DDS) degree in 1997. Driven by her commitment to create exceptional patient experiences and a thriving dental practice, she embarked on a path that led to ownership of her own practice, Dawn R Durbin DDS PC. Along the way, she honed her business skills through programs like the Schuster Center for Professional Development and Dave Ramsey's Entreleadership, becoming fascinated by what the numbers teach you about your practice. She has the heart of a teacher and wants to assist other practice owners on their journey. With a career spanning more than four decades, Kimberly Lucas has witnessed dentistry evolve and transform. Her extensive experience, starting as a dental assistant in 1983, has taken her through various roles, including dental office management, teaching and coaching. Kimberly is not just an expert in dental practice management but also a dedicated coach and consultant. Her work experience with the Schuster Center, as a coach and faculty member, training from the Sandler Sales Institute and Masterful Coaching equips her with the knowledge and skills to guide dental practices towards success.Join Podchaser to...
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