Internet Explorer and Edge browser users:
To download Word, Excel or PowerPoint files please right-click on the file you wish to download, and select 'Save target as...'

YDC hacks #2: Keeping an eye on your money

Blog Author Young Dentists Committee

Blog Date 24/10/2018

 

 

Our tips for self-employed dental associates on looking after your finances:

 

1

​Review your financial statements monthly:

Are you getting a monthly financial schedule from your practice?


If not, you should ask for one.

​2

​Make sure you understand your contract:

Make sure you know how much will be deducted for use of the surgery, equipment and staff, and costs for lab fees, hygienists fees, etc.

 

Ask the BDA to check your contract for free!

 

​3

​Look for issues before they arise:

Have there been delays in your payments, are lab bills being left unpaid, are unexplained cutbacks happening in your practice?

 

Raise any issues with your practice owner now, and document your conversations in writing.

Want more support?

Get more information on how we can support you as an associate and also our tips and advice for young dentists

 

The September edition of BDJ in Practice was a special edition aimed at associates - BDA members get a free copy.

 

Get your voice heard

The BDA's Young Dentists Committee is offering you a chance to discuss your views and share your experience. If you'd like to write an article for our next e-newsletter, please get in touch.

We'd also love to hear your thoughts on our blogs: please give feedback by tweeting @TheBDA, using the hashtag #youngdentists