FlexiLingo
Ep #182: The Real Numbers Behind Practice Profitability, with Dr Simon Franks
Julie sits down with Dr Simon Franks of Insight Dental Consulting, a dentist with 25 years in the industry and a growing side career pulling apart the numbers behind dental practice profitability. After a failed attempt to buy up ten practices (COVID had other plans), Simon and his colleague Jeremy ended up assessing the financials of over a hundred dental businesses, and what they found was eye-opening. Fees have stayed flat against inflation for decades while wages, equipment and marketing costs have climbed, and even practices turning over a million dollars can leave an owner unable to take a...
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B2 · Upper-intermediate
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and strategies for your successful dental practice. There are also interviews
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 87% of the words are B1 or easier.
- 173 words a minute: natural, fairly fast speech.
- 224 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
You are listening to the Dental Business Mastery podcast where we discuss insights and strategies for your successful dental practice. There are also interviews with key people in the industry who have advice and services to help you and your team achieve great success.
Welcome to this episode of the Dental Business Mastery podcast and today I'm your host Julie Parker and I have got somebody as a guest for you that I have been finding wildly interesting over my last conversations with him. Welcome Simon Franks, how are you? I'm well thanks Julie, very well. That's good. So there are
two dental entities that you are involved with currently within dental practices but you're a wildly accomplished dentist with lots and lots of learnings behind you. Tell us a little bit about first of all your dental career. Yeah okay so I started off in Otago and did neuroscience down there and ended up with a
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