Practice Consulting
Cash flow is the amount of income available to pay all practice debts along with personal needs at home. Many practices spend money on practice technology or tenant improvements, but not everyone takes cash flow into consideration. Many doctors decide to take short-term notes, lease specials, or zero interest programs that only last for 12 to 24 months. Over time these types of payments become too much to handle. The compounding affect to this type of cash flow management is when payments begin to pile up, flexible lines such as credit cards and business lines only get paid minimums. This results in the perfect storm of business debt and negative cash flow, which can create stress on the business and home.
As the healthcare environment grows more complex, professionals and medical / dental groups face unprecedented challenges. Shrinking profit margins have intensified the pressure to reduce operating expenses, while regulatory and compliance changes have the potential to increase audit risk and impact billing collections.
No matter how complex your business questions, at kunau & cline we have partnered with professional practice consultants who have the capabilities and experience to deliver the answers you need to move forward. As the small business’s most productive consulting firm, we can help you take decisive action and achieve sustainable results.
Our consultants come from a wide variety of exceptional backgrounds rich in practice solutions. They have experienced practice situations across a full range of disciplines, from business administration and economics to psychology, , marketing, re-organization, due diligence. We value and utilize the unique talents that each individual offers.
Call for an agent today. Practice consulting can turn dreams into a sustainable reality. 626.583.8484