“I try to know the entire market space of dentistry and the financial industry,” explains Chris Sands, Strategic Growth Partner, and Co-Founder. Chris never thought he’d be in the CPA business and even believed he’d end up in dental practice consulting. After an experiment where he voluntarily worked in a dental office, he decided to open a managerial accounting firm where he specializes in the financial side of dentistry.
Chris understands how to not only financially manage a dental practice but understands the customer base. With ma...
“I try to know the entire market space of dentistry and the financial industry,” explains Chris Sands, Strategic Growth Partner, and Co-Founder. Chris never thought he’d be in the CPA business and even believed he’d end up in dental practice consulting. After an experiment where he voluntarily worked in a dental office, he decided to open a managerial accounting firm where he specializes in the financial side of dentistry.
Chris understands how to not only financially manage a dental practice but understands the customer base. With many people wanting to go to a one-stop-shop for their dental needs, Chris recommends that any practice have specialists on-site who do procedures not typically done at a general dentist's office. Ultimately, Chris understands that being consumer-focused can help any practice increase its profits and improve its business.
Tune into this week’s episode of 21st Century Dentistry for a dynamic conversation on managerial accounting. Learn more about Chris’ professional journey, his goal of affecting positive change in dental practices, and how commercial real estate can expand your business.
Quotes
• “We talk about all things related to finance. I try to know the entire market space of dentistry and the financial industry.” (3:20 - 3:27)
• “It's not just doing the job of accounting and delivering financials or tax returns. It's trying to affect change.” (8:34 - 8:41)
• “The entire organization's goal and mission is to make every doctor a million dollar producing doctor.” (42:16 - 42:26)
• “You need to find a way to own your office building. It just supercharges your business and your personal net worth.” (58:16 - 58:23)
• “I think everyone should use the dental business to buy real estate that houses that dental business.” (1:03:54 - 1:04:07)
• “Your job as a business owner has to be twofold along the way. You have to save cash in the business and pay off debt. Both.” (1:16:11 - 1:16:22)
Links
Connect with Chris Sands:
Pro-Fi 20/20 Website: www.profi2020.com
Connect with Jon Harris on Facebook:
https://www.fortunemgmt.com
https://www.facebook.com/jon.harris.39545
https://www.facebook.com/fortunemgmtmidsouth
https://www.facebook.com/fortunemgmtgeorgia
Follow Jon on Instagram:
@jonharris_
@21stcenturydentistry
Podcast production and show notes provided by HiveCast.fm
View more
