Trent Lowenstein
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah.
Yeah.
Yeah.
We always said like, if you could measure it, then you could control it. So her issue was she couldn't measure it and she couldn't control it. There was no visibility. And now that you have your chart of accounts dialed in, you're in a lot better position.
We always said like, if you could measure it, then you could control it. So her issue was she couldn't measure it and she couldn't control it. There was no visibility. And now that you have your chart of accounts dialed in, you're in a lot better position.
We always said like, if you could measure it, then you could control it. So her issue was she couldn't measure it and she couldn't control it. There was no visibility. And now that you have your chart of accounts dialed in, you're in a lot better position.
So Trent, when you say chart of accounts, can you explain to the viewers more of what that means? Yeah, so on your profit and loss statement, you have descriptions usually on the left-hand side or almost always on the left-hand side that are the actual items that you are, the descriptions of the items that you're spending.
So Trent, when you say chart of accounts, can you explain to the viewers more of what that means? Yeah, so on your profit and loss statement, you have descriptions usually on the left-hand side or almost always on the left-hand side that are the actual items that you are, the descriptions of the items that you're spending.
So Trent, when you say chart of accounts, can you explain to the viewers more of what that means? Yeah, so on your profit and loss statement, you have descriptions usually on the left-hand side or almost always on the left-hand side that are the actual items that you are, the descriptions of the items that you're spending.
So like materials, direct labor, your insurance, your rent, your operational expenses, and having a clean chart of accounts where you can clearly identify sections where you should be spending a certain amount, like marketing as an example, what's the marketing spend here? help you gain clarity in your business so that you can protect that 25% net profit of your business.
So like materials, direct labor, your insurance, your rent, your operational expenses, and having a clean chart of accounts where you can clearly identify sections where you should be spending a certain amount, like marketing as an example, what's the marketing spend here? help you gain clarity in your business so that you can protect that 25% net profit of your business.
So like materials, direct labor, your insurance, your rent, your operational expenses, and having a clean chart of accounts where you can clearly identify sections where you should be spending a certain amount, like marketing as an example, what's the marketing spend here? help you gain clarity in your business so that you can protect that 25% net profit of your business.
What's the average time that you expect the doctor to spend with the patient?
What's the average time that you expect the doctor to spend with the patient?
What's the average time that you expect the doctor to spend with the patient?
28%.
28%.
28%.
That's like your education fees and all the other stuff.
That's like your education fees and all the other stuff.