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Building Your Future.
Business Planning & Budgeting
The Snyder Group makes building and maintaining a profitable practice easier, and more manageable. Our full range of services enable dentists to regularly review their numbers and stay on top of key management ratios that are essential to success. We can even provide “what if” scenarios to determine the impact of fee increases, office expansion, hiring additional staff, or investing in new technology.
Our business planning and budgeting services include:
- Preparation of annual business plan and budget
- Monthly Executive Summary and Monthly Budget Comparisons
- Monthly review of key management ratios with our Annual Practice Monitor
- Quarterly Executive Summaries and Quarterly Budget Comparisons
- Mid-year Forecast to Budget versus Annual
- Annual Review and Budget Comparison
- Quarterly Review with Prior Year Budget
- Annual Review with Prior Year Budget
- Annual Fee Analysis
How it works
Each month, The Snyder Group prepares a written Executive Summary and Monthly Budget Comparison of the prior month’s financial performance. Reports provide a synopsis and breakdowns of key practice operations and explain a practice’s true financial performance in an easy-to-read format. Owners get an accurate view of financials, without being bogged down by the numbers.
Clients also receive regular monthly and/or quarterly telephone conference calls to discuss aspects of the reports, as needed. Annual visits are also encouraged, if travel permits. The result is a more focused, more profitable practice that is maximizing its opportunity for growth and success.
For business planning and budgeting, clients typically retain The Snyder Group on a monthly basis and pay a monthly fee based on the range of services provided. Clients who become retainer clients of The Snyder Group also receive professional reduction in fees for other services of The Snyder Group.
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