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1850: Strategic Financial & Business Planning Pt. 1

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On today’s episode, we have the first of a 2-part series from the TPL (The Practice Launchpad) event in San Diego, CA. Marks’ presentation, “Vision, Business Planning & Financials” is broken down and shared in this episode.

Mark shared insights on the crucial role of vision planning in setting a definitive path for a dental practice’s future, highlighting how a clear vision can inform strategic decisions from the outset, particularly when starting a new practice. We delved into the Dental Success Institute (DSI) Mastermind Ethos, emphasizing the value of a collaborative environment that fosters growth. Additionally, we tackled the importance of understanding the turnover cost rate and its significant influence on a practice’s financial well-being. Finally, we concluded with reflections on the diverse aspects of leadership and their profound effect on a dental practice’s success.

Stay tuned for tomorrow’s conclusion of Mark’s presentation and in the meantime, check out the TPL website to see if is right for you!