This book serves as an introduction to the economics of dentistry. It provides an introduction to the basic laws of economics, along with their application in the oral health care sector. It presents dental professionals and students with the elements of economic theory and thinking as applied to their own field, and will be of value to those willing to learn how everyday decisions and actions in dentistry are influenced by the laws of economics. The book will be essential reading for dental professionals, policy makers, oral health administrators, and dental students.

Dr. David Willis combines his experience as a practicing dentist, educator, MBA, and certified financial planner in this breakthrough text about managing a dental business. Rather than a checklist of steps for success, Business Basics for Dentists describes business, economic, marketing, and management principles and explains how to apply them to the dental practice. Dental students and new practitioners will learn how to use the core strategic and operational business philosophies to develop an effective dental practice. He provides the essential elements of a business course--management principles, economics, business finance, and financial analysis--without bogged down in too much detail. These are then related specifically to various aspects of running and managing a dental practice, including office communications, billing, inventory, and marketing the practice. All aspects of practice transition are approached: career opportunities, buying a practice, starting a new practice, multi-practitioner arrangements, practice valuation, and planning and developing a practice. Last, Willis included personal financial planning to ensure that the dentist is also planning for his own finances and retirement beyond the bounds of the practice.

Profit First for Dentists addresses the specific financial challenges dentists face in their businesses. Discover this simple cash flow system, immediately increase profits, and never again be in the dark about your money.