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Ep 140: Master Sustainable Growth & Operational Excellence

Ep 140: Master Sustainable Growth & Operational Excellence

Released Wednesday, 13th March 2024
Good episode? Give it some love!
Ep 140: Master Sustainable Growth & Operational Excellence

Ep 140: Master Sustainable Growth & Operational Excellence

Ep 140: Master Sustainable Growth & Operational Excellence

Ep 140: Master Sustainable Growth & Operational Excellence

Wednesday, 13th March 2024
Good episode? Give it some love!
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How can dental practices transcend the ordinary and achieve extraordinary growth and efficiency?Dive into dental practice transformation with Melinda Heryford, MBA, a seasoned practice management consultant with over three decades of experience in dentistry. Starting her journey at 14, Melinda has dedicated her career to guiding dentists and their teams toward unparalleled success. Her boutique consulting practice is a beacon of continuous growth and excellence, helping comprehensive care dentists achieve and surpass their goals. In this episode, Melinda shares her wisdom on leveraging consulting services to catalyze growth rates of 20-25% and beyond, ensuring practices thrive and lead in their domain.Key Takeaways:✅ Practice Management Consultants are pivotal in steering dental practices toward growth and operational excellence.✅ A focused approach can yield growth of 10% as a baseline, with well-implemented systems pushing numbers to 20-25% or more.✅ Continuous improvement and strategic planning in patient retention, treatment acceptance rates, and team alignment are essential for sustained success.✅ Comprehensive care dentists zealously for growth and improvement are the ideal candidates for impactful consulting.✅ Implementing systems and schedules meticulously can significantly enhance productivity and patient care, propelling dental practices to achieve and exceed their financial goals.Quotes from Melinda:➡️ "What does it take to have a practice grow year over year? What are the things that make it thrive? And then how do you build and keep a team?" - Melinda Heryford➡️ "If we don't have a focus beyond patient care, the practice tends to stagnate or be chaotic... Having a focus and team alignment behind that focus creates better results and unstoppable momentum." - Melinda Heryford➡️ "I used to have 44 systems... Imagine I walk into your practice and say, 'It’s your day today. I have 44 systems to impart on you.' What do you think they thought?" - Melinda HeryfordHow to Reach Melinda:To learn more about Melinda Heryford’s consulting services and to witness the transformation she can bring to your dental practice, visit her website at Practice Management Consulting https://practicemanagementconsulting.com/ Link to the free Downloadable Offer mentioned in the podcast: https://bit.ly/Statementless_PracticeLearn more about your ad choices. Visit megaphone.fm/adchoices

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Financial Flossing

The Financial Flossing Podcast is a must-listen for dental professionals who own practices and want to learn from industry leaders about growth strategies, buying or selling a practice, marketing, coaching, dental software, orthopedics, and more. Each episode features insightful conversations with dental industry experts, CPAs, lawyers, and other professionals, all aimed at helping listeners improve their dental practice and financial health and secure a brighter future. Hosted by Ross Brannon, a trusted financial advisor with vast industry experience, the podcast provides valuable information and strategies for maximizing earning potential and minimizing risk. Tune in each week to learn tried, tested, and fine-tuned ways to achieve financial security and plan for retirement. For more information, contact Ross at ross@rossbrannon.com or visit his website at Rossbrannon.com. About Ross Brannon The financial advisor offers his clients vast industry experience and an astute sense of what works and what doesn’t. Primarily serving dental professionals, physicians, and business owners, he takes pride in building relationships and financial plans unique to each client. From investment advice to retirement strategies to insurance options, Ross guides them to optimal solutions to their needs and concerns.Ross Bannon is a Registered Representative of Coastal Equities, Inc. and an Investment Advisory Representative of Coastal Investment Advisors, Inc. Investment Advisory Services are offered through Coastal Investment Advisors, Inc., a US SEC Registered Investment Advisor. Securities are offered through Coastal Equities, Inc., Member FINRA/ SIPC, 1201 N. Orange St., Suite 729, Wilmington, DE 19801. Coastal and CoastalOne are trade names for the Coastal Companies. The Coastal Companies are Coastal Equities, Inc., Coastal Investment Advisors, Inc., and Coastal Insurance Services, which consist of several affiliated insurance agencies.Podcasts are for informational purposes only.   

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