It’s that time of year again—the time where business owners do a year-end reflection and look back over the past 12 months to analyze what factors contributed to their successes and shortcomings. Evaluating successes and le At Shift, we’re no different. We believe in practicing what we preach, so we thought it would be a […]
Archive for the
‘Budgeting’ Category
Chances are anytime there’s the word “issue” you want to avoid it, the case of cash flow issues is no different. To avoid cash flow issues it’s important you know two things: Your cash flow cycle. You need to know how long it takes to get money into your bank account after treatment is […]
All too often we come across dental practices who haven’t taken the time to create an annual budget – and usually it’s because they didn’t have the time to go through all the details or because they didn’t know where to start. We’ve seen first hand how a well structured budget can help a dental […]
Think of the income statement as your dental practice report card. The income statement is a useful tool for providing an overview of how your business is doing in a specific time period, for example, monthly income statements, quarterly or annually are the most common types of statements business owners look at. A well- […]
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http://www.shiftacct.com/category/small-business-help/budgeting/
