Goal setting and reflecting on last year are big buzz words at the start of a new year, but for business owners, these things are crucial. But when it comes to reading reports, what numbers are important? What do they all mean? And most importantly, how can we use these numbers to set goals and drive the business forward?
In this episode, Aubrey joins me as we dig into our own metrics and discuss some key points that will keep us moving forward in 2023. Metrics are only as good as what you do with them and these numbers are sure to create conversations that will not only benefit the business’s bottom line, but also each team member’s growth and development.
Show Notes:
[02:04] - Aubrey explains what she looks at compared to their financial goals.
[05:55] - Reverse engineer your numbers and move from the top down.
[08:09] - Should you track procedures or time?
[10:36] - Reports may be skewed depending on how your practice is set up.
[11:51] - List out the services you provide and how much time it takes for each one.
[14:03] - Reports can shed light on some challenges in the practice.
[17:18] - Feed your associate first, but give new patients to your best treatment planner.
[21:23] - You need to understand each number.
[23:47] - Reports help create conversations.
[26:18] - Block administrative time into your schedule.
As always, thanks so much for listening! If you like the show, we would love for you to review the show on Apple Podcasts as well as spread the word! If you have any questions or want to get in touch, shoot me an email at [email protected].
Links and Resources
Richard Sullivan, DDS
Partner, Sullivan Dental Partners
Co-host/Founder of the Millennial Dentist Podcast
http://www.millennialdentist.com
c. (615)574-8208
w. (615)373-1012
Visit Us On Social Media
The Millennial Dentist Website
@Millennialdentist on Facebook
Dr. Sully…@Millennialdentist on Instagram
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