Long-Range Financial Model

When you’re busy leading a practice, daily tasks can keep you so occupied that it’s often difficult to think about your long-range goals. Figuring out how to make it through the week or even through the month – with adequate staff and satisfactory profits – can be enough to keep you awake at night. So how can you ensure the moves you make now will help you reach the goals you’ve set for the future?

Dental Practice Advisors knows that well-run operations prepare long-range financial plans that extend three to five years into the future. We can help you find the discipline and focus you need to clearly define your goals and work toward them. We’ll help you develop numerical assumptions to accompany your Strategic Plan, and together we’ll develop a comprehensive financial model to serve as your roadmap to the future.

Our Long-Range Financial Plan is especially useful when contemplating a new facility or considering an associate, a partner or a practice acquisition. In these situations, we carefully develop practice growth assumptions and build in the debt service, associate compensation plan and/or partner profit distribution formula required, so that all parties can build a complete understanding of the plan.