Inflation – How to Safeguard Your Dental Practice
Recently, there’s been a lot of talk about inflation which is causing no small amount of fear and uncertainty. Business owners and consumers alike are wondering what the implications are, and how to best navigate the changing economic environment. The good news is that inflation is temporary, but your dental practice is (hopefully!) forever. With […]
Questions Warren Buffet Asks Before Investing in a Business
Will Warren Buffet buy your business? Probably not considering it is likely to be a business that may not meet his criteria. But does your business meet all the other requirements that Buffet looks for when making investment decisions? Wouldn’t you want to find out? Side note: If you are wondering why you should even […]
216. How To Reset Your Finances For The Post Covid World
Steve Daley of Healthcare Finance joins me in Episode 215 of the Savvy Dentist Podcast. Steve’s 20-year long term approach to working with people is something I really admire and resonate with.
In the podcast, we are going to talk all about finance – dealing and working with professionals like brokers, accountants, lawyers and coaches. This is an essential topic to help you pull your team together and get financial outcomes that make sense for you, your family and your business.
When A Recession Hits: What To Do Next!
The emergence of COVID 19 has created a recession like never before. Regardless of the industry you work in, you are impacted by its presence. Problem is, there is no sight of it ending any time soon. This means that you need to understand what recession is, why it is taking place and how you […]
215. Managing Investments Through A Tough Economy
Have you geared up for the recession? So many people plan for everything except this. Our guest’s market performance remained neutral despite low market performance.
In this episode, I’ve invited Terry Tran of the freedomtrader.com to show us how we can spot, deal with and learn from previous recessions.
192. Strategies Of The Super Rich
In this episode of the Savvy Dentist Podcast, Tim Mcneely joins us to share his wisdom in helping dentists create passive wealth outside of their practice. He knows the industry intimately and his wife is a dentist which puts him in a great position to speak to us about this topic.
In this conversation, we talk about the steps you can take to create wealth outside your practice, why you need to do it, what it takes to do it, and resources you can consider before or while going through the journey.
The Art of Swinging Your Cash flow in the Right Direction
Being a great dentist might help you run a successful practice, but in order to turn it into a lucrative and profitable business, you need to be a competent business owner too. And while an experienced accountant will greatly help with money management, there are some decisions that only you can make to get the […]
159. Maximising Cashflow
In Episode 159 of the Savvy Dentist Podcast, we are going to talk about an important business metric that we need to understand and consider – maximising cash flow.
Determine Risk and Increase the Valuation of Your Dental Practice
Valuing a business in Australia isn’t a science so much as an art. Without the purchase history that businesses in countries like the United States can use as a benchmark, us Aussies need to do some math to figure out what our businesses are worth on today’s market. If you are thinking about selling your […]
139. the Art of Buying and Selling Businesses with David Barnett
In this episode, I chat to David Barnett who works with entrepreneurs around the world helping them to buy, sell and organise their small and medium sized businesses. Whether you’re thinking about selling soon, down the track or just want to make your practice more valuable, this episode is for you.