ANNUAL PLANNING & GOAL SETTING

“When I was first introduced to the concept of an annual business plan, I did not fully appreciate the importance of it. Now, after 10 years of annual planning sessions with the Practice Source, I would feel totally unprepared without one. The annual business plan is the roadmap to taking control of your overhead and establishing the dental practice of your dreams.”

Paul D. Ellington, DDS, Potomac Falls, VA

Our thanks to Dr. Ellington, who eloquently summarizes the value of annual planning and goal-setting in order to establish a roadmap to the practice of your dreams. An annual plan is key to maximizing profitability and productivity, and will give you the structure and processes you need to ensure you make informed financial decisions, year in and year out. It will lead you through the process of forecasting expenses and determining production goals that will help you answer basic – but absolutely vital – questions, regardless of whether you are just starting out, are nearing retirement, or are somewhere in between:

• How do I establish a reasonable production goal?
• How much should I expect to collect? 
• Am I spending my money wisely, for the things that really matter?

And the one question that concerns you all...

• Is my overhead within a healthy range, or is it out of control?

We know from many years of experience in practice management consulting that doctors who work without an annual plan very often flounder under the weight of unexpected expenses and unrealistic expectations. Don't let that happen to you. Make the decision now to spend just one day with Virginia and Debbie and get started on the practice of your dreams.