Ep. 13: Is Your Payroll Too High?
Dental Business RX
English - December 13, 2021 10:00 - 24 minutes - 22.7 MB - ★★★★★ - 22 ratingsManagement Business dentistry dental dentalbusiness dentalconsultant dentalconsulting dentaleconomics dentalmanagement dentalmarketing dentalpractice dentaltown Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: Ep. 12: SEO - Things to Know Before Hiring a Dental Marketing Company
Do you feel like your payroll is too high? Well, let’s get into the numbers and actually calculate it. It is typically the largest expense category in your overhead—especially in this era of high inflation and rising personnel costs—so keeping it under control is vital for profitability. In addition to the numbers, Jeff will also cover the reasons WHY your payroll has gotten too high and how to fix it.
0:45 – What SHOULD your payroll be, as a percentage of your total revenues?
6:25 – What to do if your payroll is too high
8:59 – 5 things that cause your payroll to be too high and what to do about them
Overhead Guidelines - https://www.mgeonline.com/overhead-materials/
Learn more about MGE - https://www.mgeonline.com/