Self Study Webinars ,

How to Know if You are as Profitable as You Should Be

View Course details

Alicia · November 2, 2021

with Special Guest Speaker: Dr. Julie Woods & Chris Sands

Recorded on October 26th, 2021

1.0 CE Credit

AGD PACE Subject Code: 550 – Practice Management and Human Relations

**Course Description:**
Most of you know Dr. Woods as “The Profit First Dentist” and that she has been singing the praises of the PF Cash Management system for years. Even if you have read it, you still may not really know if you are profitable, or how much you should be paying yourself, if it should be as salary or as distributions. Chris Sands, co-owner of Pro-Fi 20/20 Certified Public Accountants, and Dr. Woods will try to simplify exactly what “tax basis” is and why you should care.

**Objectives:**
– Understand how to calculate your Profit Margin and what the standard is for general dentists vs specialists
– Know what a standard payroll amount is for dentists and whether or not you should pay yourself through payroll, distributions, or both
– Understand exactly what the term “tax basis” means and why you should care

Review Date: March 26, 2025
Course Expiration: March 26, 2028
Cancellation/Refund Policy: There are no refunds given for this event

ALL Mommy Dentists in Business webinars are FREE to official Mommy Dentists in Business paid members, and will have various prices depending on the CE credit for unpaid members.

Please visit www.mommydibs.com if you are interested in signing up for membership! Please visit our website to see the other benefits our members receive! #mdibmembership

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Did you know we have a Mommy Dentists in Business podcast? Dr. Grace Yum interviews a variety of experts talking on sorts of topics! You can find our multiple seasons of the podcast on:

Apple Podcasts: https://podcasts.apple.com/us/podcast/mommy-dentists-in-business/id1316885704
Spotify: https://open.spotify.com/show/2d1jXaUCoGTLGXRKXReRhC?si=muKaB_aJRyiVxB8ufobmNw&nd=1&dlsi=1bea3cc2ffdf42c7
iHeart Radio: https://www.iheart.com/podcast/263-mommy-dentists-in-business-29945477/