Are you running a practice that you love, or does it feel like your practice is running you?
Welcome to another episode of Beyond Bitewings, where we welcome Rick Willeford, a dental CPA with 40 years of experience and the founding president of ADCPA. Rick discusses his background in electrical engineering and how it eventually led him to become a leader in the world of Dental CPAs.
Rick and Ash discuss key performance indicators (KPIs) and analytics in the dental industry. Rick talks about why being busy isn't always good, and dentists often need to take a deep look into what they really want from their business. He also discusses key metrics that show the proper health of your business, not just how much money you're making. If you're making millions, it doesn't matter if your costs are also millions or if you're running yourself ragged to make any money.
This is part 1 of our 2-part conversation with Rick, as he gave so much fantastic information in this interview.
If you have specific questions about any of these topics for your practice, or if you'd like to have another question answered on a future podcast, please reach out to the Edwards & Associates team. Please also contact us to find out more about Ash’s financial course.