Video Course

Finance Course 1: How to Accurately Determine Your Overhead

Course Description

The first step to improving profitability is knowing how much you are actually spending and how much this leaves as profit. Waiting till the end of the quarter or year to see a Profit & Loss Statement from your accountant just doesn’t work because a) it leaves out important figures you need to know, b) by the time you see this statement, it’s too late to do anything about it, and c) you can’t do any planning or adjusting in real-time throughout the month/year.

So, in this course, we give you a structured way to calculate your overhead on a continuing basis, so you can easily get a clear view of your expenses and keep spending under control.

Objectives:

  • Break down each category of expense.
  • Calculate your true overhead.
  • Compare your income to outgo to evaluate your practice’s financial viability.

1.5 CE Hours

Your Instructor

Jeffrey Blumberg headshot photo, in a suit
Jeff Blumberg

A dynamic and entertaining speaker, with over twenty years of experience as an executive in the business world and in the dental industry, Jeff has lectured to over 10,000 dental professionals and their teams. At the helm of MGE as the Chief Operating Officer for the last twenty years, Jeff has engineered incredible year-over-year expansion, resulting in over 500% growth overall. MGE clients also see the most rapid growth in the industry – with an average growth rate of 232% over five years – and Jeff’s design and oversight of the MGE program is a major part of that.

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Who This Course is For

  • Office Manager
  • Owner
PACE logo which reads Academy of General Dentistry Program Approval for Continuing Education

MGE Management Experts Inc.

Nationally Approved PACE Program Provider for FAGD/MAGD credit. Approval does not imply acceptance by any regulatory authority or AGD endorsement. 04/01/2024 to 03/31/2027 Provider ID# 305927

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