Look for ways to reduce spending. Periodically, review what your pedo practice is spending compared with what’s budgeted. Look not only for deviations but also for line items that can be reduced or eliminated. Without this kind of scrutiny, overhead can get out of control… reducing cash flow, profit and income.

Management Monday: Read a free excerpt from Dr. Roger P. Levin’s popular book, Practice Finance. Go here and click on the “Read an Excerpt” button.