“If you don’t know where you’re going then you better enjoy the ride, because you’re never going to get there.” ~ Victoria Peterson
Do you know where your business is going?
Have you ever been thinking about your business and found these questions chasing themselves around your brain: Should I sell? Should I buy? Can I afford this? Can I retire? Should I hire? Should I expand?
The questions are endless…and the answers are elusive.
Without a final end goal in mind, entrepreneurial dentists like you often end up in a cycle of mental loops around these questions. It will drive you crazy.
So let’s put a stake in the ground.
Today I am taking the guesswork out of your practice and giving you three things you need to know as you build your dental practice into an asset that will support your future, including:
- The 1 question you need to answer
- An easy equation to know what you need to bring in every month
- Why your EBITDA (earnings before interest, taxes, depreciation, and amortization) number should be your driving force
https://productivedentist.com/podcasts/investment-grade-practices-podcast/episode-68-where-are-you-going-with-your-dental-practice/
Where Are You Going with Your Dental Practice?