At this year’s Business Partner Summit, ReSound’s Sarah Aesoph and Jonathon McGiverin, took a deep dive into helping you better understand the financial aspects of your practice by defining the fundamentals of financial management. In particular, they broke down the basics of the balance sheet, income statement and cash flow statement, what they mean and […]
Finance – Understanding the Current Ratio Read More »
As a private practice owner, you’re always looking for ways to generate more traffic and grow your business. Here are some areas to focus on based on the kinds of trends we’re seeing in the hearing healthcare industry. Traffic Generation Your goal is to drive new patients into your practice for an appointment. Your mission
Practice Building Tips Read More »
At our Business Partner Summit last week, Sarah Aesoph and Jonathan McGiverin presented on Financial Management and Cash Flow. The session covered financial basics, making data driven decisions and being proactive in your practice management. Financial Basics Knowing your financials is the pathway to making precise decisions. • Balance sheet = The health of the
Practice Management Strategies – Financial Management Read More »