Managing Dental Drama

Big Picture Economics for Small Businesses

April 17, 2023 Consultant and Dentist Duo; Practice Problems Season 2 Episode 34
Big Picture Economics for Small Businesses
Managing Dental Drama
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Managing Dental Drama
Big Picture Economics for Small Businesses
Apr 17, 2023 Season 2 Episode 34
Consultant and Dentist Duo; Practice Problems

Mr. Petty (Bethany’s husband) joins the studio for the first time today! He teaches government and economics and has a genuine passion for how these subjects impact life. Today, Bethany searches for the cliff note version of what is truly happening in the economy. Are we in a recession? What’s going on with the interest rates? Will those rates impact small business lending? What does the rest of 2023 hold for dental practices? What can they expect? How long do recessions usually last? Once current trends and future predictions are discussed in detail, Mr. Petty concludes with a reminder that small businesses are often the hardest hit by recessions and yet, we’ve survived recessions many times before, so he encourages all practice owners to buckle up, be smart, and get ready! 

Previous Episodes Worth Revisiting:
Cutting Hours, Cutting Pay, and Exit Interviews
The “Surface Pressure” is Killing Me, Now What?

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Text a 2-minute voice memo to 214.326.4605 with your questions, comments, real-life example, or tips for a chance to have YOUR voice on the air!

Show Notes

Mr. Petty (Bethany’s husband) joins the studio for the first time today! He teaches government and economics and has a genuine passion for how these subjects impact life. Today, Bethany searches for the cliff note version of what is truly happening in the economy. Are we in a recession? What’s going on with the interest rates? Will those rates impact small business lending? What does the rest of 2023 hold for dental practices? What can they expect? How long do recessions usually last? Once current trends and future predictions are discussed in detail, Mr. Petty concludes with a reminder that small businesses are often the hardest hit by recessions and yet, we’ve survived recessions many times before, so he encourages all practice owners to buckle up, be smart, and get ready! 

Previous Episodes Worth Revisiting:
Cutting Hours, Cutting Pay, and Exit Interviews
The “Surface Pressure” is Killing Me, Now What?

Don't forget to check out our social media for more
Managing Dental Drama FB
Managing Dental Drama IG

Connect with the Managing Dental Drama Community!
Managing Dental Drama Membership Club Sign Up

Wait! There's More!
We want to hear YOUR voice!
Text a 2-minute voice memo to 214.326.4605 with your questions, comments, real-life example, or tips for a chance to have YOUR voice on the air!