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Tips To Develop A Post-COVID-19 Financial Action Plan

Consumer Health Alliance 5 Ways to Save Money On Dental Care
In an article in the Dental Practice Success special issue, COVID-19: Keys to Practice Recovery from July 2020, Christine Olmstead Lopez, a commercial banker with BMO Harris Bank, says that “the key to developing a post-COVID-19 financial plan is to take quick action now to sustain your practice through recovery and an eventual return to prosperity.” With this in mind, Ms. Olmstead Lopez discusses the benefits of reducing costs and overhead; putting assets to work; communicating with patients; performing an analysis that focuses on strengths, weaknesses, opportunities, and threats; and seeking insight from others.

BMO Harris Bank is the ADA Member Advantage-endorsed provider for practice financing. Call 1-833-276-6017 or visit bmoharris.com/dentists for more information.

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