
Dentist Marketing & Money Management For a Local Dentist - Part 1 www.mms201.com Interview with Sandra Simmons, business money management expert on money management for a dentist practice. Dental Expert Advisory Series Dental Practice Money Management Techniques - An Interview with Sandra Simmons Start of Part 1 of Interview -- Video # 1 Kent Harlan: Hello, and welcome to the Dental Expert Advisory Series. My name is Kent Harlan with Ozarks Capital Funding and today's topic is the creation and enhancement of wealth for dental professionals. To gain insight into these all-important concepts, I have as my guest expert, Sandra Simmons, owner of Money Management Solutions. Sandra, how are you doing today? Sandra Simmons: I'm doing great Kent, it's good to be here with you. Kent Harlan: Sandra, you've consulted many dental professionals in your career. Do you think dental schools do an adequate job of training dentists in the area of money management? Sandra Simmons: No, unfortunately, Money Management is not taught in any school. The practice owner may get a short course on accounting, but accounting is NOT cash flow Management or money management planning. There's a big difference between the two. The only thing an accounting program can do is tell you what happened in the past -- how much money came in and where it was spent, so if a practice owner is looking at how much it has cost them to make payroll and pay the bills, and that's the income target they are going after <b>...</b>
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