Seminar Synopsis

Positioning your practice for profit

Are you working "in" your practice rather than "on it"? Doctor and staff should spend the time necessary to grasp the business side of your practice. Analyze your practice from a business perspective and take solid steps toward increasing profitability. Many practices are plagued with excessive overhead, particularly in labor cost. There are seven overhead categories and various practice monitors that are critical to knowing where you are, and more importantly, where you are headed.

Most dentists are "cost-based" rather than "revenue savvy". Learn how to see the big picture. In addition, fee profiling, procedure mix enhancement, new financing options, scheduling, and hygiene department strategies will also be explored. Strategies, ideas, and valuable "pearls" will be covered that are easily implemented and understood. Broken appointments are often the "economic killer" of a practice, but they can be greatly diminished with the ideas presented. Tax laws encourage keeping up with the newest technology and equipment - - are you and your CPA up to date? Strengthen your knowledge - now is the time to take specific, proven, profitable actions concerning your practice for the future.

Investing for the new millenium

Over 90% of doctors do not understand their true investment return, the fees, commissions, and other charges they are paying, and the impact that investment performance will have on their ability to successfully retire. Unfortunately, this ignorance routinely robs doctors of hundreds of thousands of dollars, and sometimes millions of dollars, in their retirement nest egg.

Through this fast-paced program, doctors will learn how to avoid the most common investment errors plaguing doctors and the best strategies for improving investment returns. Topics covered include the following:

• How to understand investments and determine proper asset allocation strategies.
• How to determine investment returns and benchmark investment performance.
• How to establish an automatic savings and investing program using dollar cost averaging.
• How to reduce excessive investment commissions, fees and other expenses.
• How to improve investment performance through utilizing top tier mutual funds and money managers.
• How to double or triple investment returns on cash reserves.
• The importance of early funding to boost personal and retirement plan returns.
• Proper performance monitoring and advisory relationships critical to investment success.

This exciting technology-based seminar will feature interactive laptop computer presentations using sophisticated investment software, programs and internet web-sites. This program will educate the doctor on important investment topics and demonstrate the availability of internet based and other investment information sources available to improve the doctor’s investment knowledge and performance.

Acheiving Financial Independence

Will you join the 5% of dentists who can afford to retire? This fast-paced course is crammed full with many "secrets" dentists have used to double - or even triple - their net worth in only ten years! Using these winning financial strategies, you will easily develop a personalized gameplan for reaching financial freedom. This hard-hitting program contains "inside information" that you simply can’t find elsewhere - gleaned from years of experience working exclusively with the dental profession. What’s more, it’s totally unbiased, since the presenter sells no investments, insurance, or products of any kind.

• Reduce stress - control your money, rather than letting it control you.
• Discover tax-free income secrets.
• Develop winning investment strategies for the future.
• Tell if you need a retirement plan - which one (if any) is right for you?
• Slash children’s educational cost by 40% or more.
• Discover asset protection devices every dentist should know.
• Save your family $500,000 - estate planning mistakes many doctors make.
• Tell if you are dangerously underinsured and how to save thousands in unnecessary insurance costs.
• Evaluate professional corporation status fringe benefits.

Dental Practice Transitions

What is your most valuable asset? For many doctors, it's their practice. Yet, scores of doctors have lost thousands of dollars as a result of disastrous mistakes in practice transitions. This fast-paced seminar discusses all of the winning practice strategies our clients have used to gain financial security. This seminar will cover:

• What is your practice really worth?
• When should you sell? Proper timing means thousands of extra dollars.
• Should you use a broker?
• How to minimize the "tax bite" as a seller. How to maximize the tax deductions as the buyer.
• Real estate - should you sell or lease?
• Pathway planning - choosing the best strategy for you.
• Do you need an associate?
• Winning compensation methods for associates and partners.
• What are the time frames to assure success?