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Cash streams: five powerful income streams to increase your net income
The Journal of Clinical Pediatric Dentistry
|February 19, 1999
Abstract:
You can dramatically increase your profits by: Cash stream #1--extending credit and earning interest on the unpaid balance; Cash stream #2--doing all of the undone treatment in your practice; Cash stream #3--providing financing for everyone who deserves it; Cash stream #4--treating bigger cases; Cash stream #5--avoid treating deadbeats. There isn't anything I know of, which will jump start your practice as much as these five cash streams--more new patients, better case acceptance as well as increased cash flow. But you must get good at financing. You must have in place an organized, proven, financing system--just like the finance companies do.