We learned an important lesson about our company when our bank suddenly decided they were no longer going to lend to dental groups at the end of 2024. We had always structured our company for growth. The issue with finding a new bank, however, is that we have had more growth than a typical bank is comfortable with. To make us more attractive to investors, our new 2025 mission is to build a more stable company with a focus more on profit than pure growth.
In this episode, we dive into the financial heartbeat of your dental practice or DSO — unpacking the key metrics and strategies that drive growth and profitability. Join us as we explore:
💡 EBITDA Demystified: Why it’s the ultimate measure of your practice’s financial health and what it tells banks and potential buyers.
🏦 Banking Basics: Tips for securing financing, building strong relationships with lenders, and using debt strategically for growth.
💰 Cash Flow Mastery: How to keep your company liquid, manage cash reserves, and plan for the unexpected.
Subscribe now and start building a more profitable future for your practice or group of practices!
