When your compensation is the profit of your practice,  it’s no wonder you keep a close eye on overhead. But for many dentists, managing expenses becomes so defensive and restrictive that they stifle their growth opportunities.

You may have an overhead gap if:

• You routinely encounter unplanned expenses that spiral out of control
• You put off necessary investments because of overhead concerns
• You worry that time away for yourself will hurt your cash flow

Realizing that most expenses— rent, lab fees, and team compensation —are fairly constant and beyond your control will get you started closing the overhead gap.

Of course, we can help too—controlling overhead is one of our specialties.

We invite you to read the articles below to tap into our extensive experience with this common practice gap. Then check out our overhead analysis calculator to see how practice investment affects your overhead. It will help you make better and more informed financial decisions.

From our library: Best Practices in Overhead Expenses Click here to read about and determine the recommended ratios and a formula for determining what you need to do to achieve economic balance. Download now Playing to Win: Beating the Overhead Game Click here to find out how to changing your mindset regarding overhead, as well as how to plan investments using the principle of “reverse overheads.” Download now Dentist as CEO: Why Breaking Even Doesn’t Cut It Click here to read about the three-step approach for getting beyond breaking even and see how a 10& increase in productivity can have a bigger impact on your bottom line than a 20% increase. Download now

From our toolbox: Overhead Analysis Calculator Click here to find out how a particular investment will affect your overhead and what you can do to offset it. Download now

From our case files: Click here to find out how this client has reduced overhead 15% in the first eight months. Download now

Get introduced to our expert team of advisors today by calling Mercer Advisors at 1-877-254-1494. Or click here to find the Mercer Advisors office nearest you.