3 Ways Private Practices Can Increase Their Profit Margin

Send us a textWhether you have plans to sell your business or not, you want to build a sellable business.Why?Because a business that is easy to sell is a business that is desirable to keep. You win either way.But how do you up the sellability of your private practice business?Increase the profit margin.The first way to do this is to optimize your schedule—take a real look at the calendar and make sure you're filling any gaps with appointments. After all, you've already paid overhead, payroll, fixed expenses, etc. so filling those gaps goes straight to the profit margin.It's critical you don't stop playing offense; don't stop your marketing efforts and don't stop reviewing referral bases that can get your gaps filled and your schedule optimized.In today's EntreMD Podcast episode, "3 Ways Private Practices Can Increase Their Profit Margin," I detail that and the two other ways, so tune in for those!// COMMUNITY: EntreMD Private Group on FacebookJoin a group of physicians who have decided to build profitable businesses, so they have the freedom to live life and practice medicine on their terms.https://www.facebook.com/groups/entremd// FOLLOWFacebook - https://www.facebook.com/drunachukwuInstagram - https://www.instagram.com/drunachukwuYouTube - https://www.youtube.com/@DrUnachukwuTikTok -  https://www.tiktok.com/@dr.una LinkedIn - www.linkedIn.com/in/druna// WORK WITH MEEntreMD Business School - https://www.entremd.com/businessAdditional Resources: Learn more about my 12-month program. Interested in 1-on-1 coaching? Apply here. Grab a copy of the "The EntreMD Method" book. When you are ready to work with us, here are three ways: EntreMD Business School Accelerator - If you are looking to make a 180 turnaround in your business in 90 days, this is the program for you. EntreMD Business School Grow - This is our year-long program with a track record of producing physician entrepreneurs who are building 6, 7 and 7+ figure businesses. They do this while building their dream lives! EntreMD Business School Scale - This is our high-level mastermind for physicians who have crossed the seven figure milestone and want to build their businesses to be well oiled machines that can run without them. To get on a call with my team to determine your next best step, go here ...

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