ACT Dental GAPs Method: The Formula for Financial Freedom

ACT Dental GAPs Method: The Formula for Financial Freedom with Kirk Behrendt & Dr. Barrett Straub

Friday, August 23, 2024

• From 8:00 AM - 3:00 PM
• Milwaukee, WI
• at ACT Dental's World Headquarters

Course Description:

Join us LIVE to navigate your dental entrepreneur’s journey using ACT Dental’s Financial GAPs Method. The GAPs tell the financial story of your practice and show you where dollars of production are leaving your practice. The GAPs method, when applied over time, gives you knowledge of and control over your financial performance.

Objectives:

By the end of this one-day seminar, participants will:

• Understand the differing business models in dentistry today using Key Performance Indicators (KPIs) from your practice to determine which model you are currently living in.
• Learn how to track your actual practice cash flow and see the four GAPs where production dollars leave your practice.
• Learn why production and collection are two vastly different performance metrics and understand how overhead is affected by both.
• Understand the three fundamental financial statements every dental practice needs and what information to draw from them.
• Discuss the definition of “True Profit.” Learn the formula to determine the actual profit you can take from your business each month.
• Receive a GAP analysis from your practice and recommendations to close your widest GAP.
• Learn the ACT Dental Effort Quotient, an easy formula for calculating the number of days you work for free.
• 6 CEUs are earned in this course

Location:

• ACT Dental World Headquarters - 220 E. Buffalo Street, Suite 320, Milwaukee, WI 53202 | Phone: 800-851-8186 | Website: https://www.actdental.com/

Schedule:

• 7:30 AM: Breakfast (provided)
• 8:00 AM: Course Begins
• 11:30 AM: Lunch (provided)
• 12:15 PM: Course Resumes
• 3:00 PM: Course Concludes

Airports & Ground Transportation:

• MKE - General Mitchell International Airport: 8.8 miles from our office | Click here to get driving directions from MKE to ACT Dental: https://maps.app.goo.gl/MncysUU3W1JCtWcy6
• ORD - Chicago O'Hare International Airport: 78 miles from our office | Click here to get driving directions from ORD to ACT Dental: https://maps.app.goo.gl/k7pt5WFcLXVF5nao8
• MDW - Chicago Midway Airport: 106 miles from our office | Click here to get driving directions from Midway to ACT Dental: https://maps.app.goo.gl/LtcuPeCNeroGohccA
• Chicago Sprinter Vans & Luxury SUVs: Travel time is 1 Hour & 14 Minutes from ORD - Chicago O'Hare International Airport to our facility. Travel time is 2 Hours & 5 Minutes from MDW - Chicago Midway Airport to our facility. Click here for a quick quote for private transportation to and from the Airport. You can also call or text them at (847) 505-7337 or email them at Travel@chicagovancars.com.
• Coach USA: Provides coach roundtrip charter bus service from the O’Hare airport to the Amtrak Intermodal Train Station in Milwaukee (½ mile from the ACT Headquarters). Here is a link to the schedule / Click here to purchase tickets.
• Coach USA Bus Tickets: A one-way bus ticket costs $35, and a round trip costs $62. You can download this PDF guide on how the buses work to and from O'Hare. Here is a link to the schedule / Click here to buy tickets.

Suggested Hotels:

• The Journeyman Hotel: 310 E Chicago St, Milwaukee, WI 53202 | Phone: (888) 536-9008 | Website: https://www.journeymanhotel.com/ | ACT Special Rate: 787072477. This is the closest hotel to our facility.
• The Trade Hotel (across the street from Fiserv Forum - where the Bucks play): 420 W Juneau Ave, Milwaukee, WI 53203 | Phone: (414) 644-0080 | Website: https://thetradehotel.com/
• Homewood Suites: 500 N Water St, Milwaukee, WI 53202 | Phone: (414) 563-1090 | Website: https://www.hilton.com/en/hotels/mkedohw-homewood-suites-milwaukee-downtown/ | ACT Special Rate: 3080253
• Hilton Garden Inn: 611 N Broadway, Milwaukee, WI 53202 | Phone: (414) 271-6611 | Website: https://www.hilton.com/en/hotels/mkemdgi-hilton-garden-inn-milwaukee-downtown/
• Driving to the Event: If you are local and plan to drive, you can conveniently find parking near ACT World Headquarters by clicking HERE. Additional parking and tips to explore the Third Ward Information about the Historic Third Ward in Milwaukee
• Need Help: For more information, contact Laura Barry at ACT Dental: 800-851-8186, laura@actdental.com.

Dining Options While in Milwaukee:

• We have compiled a list of our favorite places to eat in Milwaukee. We want you to have a fantastic experience here. Here is our updated list.

Refund Policy:

• If you cancel more than 30 days before the event, You will receive a 100% refund.
• If you cancel 29 - 15 days before the event, you will receive a 50% refund.
• If you cancel 14 - 8 days before the event, you will receive a 25% refund.
• The course fee will not be refunded if you cancel less than seven days from the event.
• This course outline represents the speakers and activities booked at the time of publication; however, speaker or activity cancellations occasionally occur for reasons beyond our control. If that happens, we may substitute another speaker or activity or change the schedule without giving registrants prior notice.

Other Important Items:

• All programs offered by ACT Dental will be for scientific and educational purposes only and will not directly promote the company's products.
• ACT Dental is responsible for the control of content and the selection of presenters and moderators.
• ACT Dental may work with or accept financial or in-kind support from other organizations. Still, those organizations must first agree in writing that they will not direct the program's content.
• Outside organizations or their agents will respond only to requests initiated by ACT Dental for suggestions of presenters or sources of possible presenters.
• ACT Dental will record the company's or its agents' roles and ensure that all names/roles are disclosed to participants before attending a program.
• Control of Content and Selection of Presenters and Moderators: ACT Dental is responsible for controlling content and selecting presenters and moderators.
• Preferred Partners agree not to direct the content of the program.
• Preferred Partners will respond only to ACT Dental-initiated requests for suggestions of presenters or sources of possible presenters.
• Preferred Partners will suggest more than one name (if possible); provide speaker qualifications, disclose financial or other relationships between Preferred Partners and speaker; and provide this information in writing.
• ACT Dental will record the role of the Preferred Partners

About ACT Dental:

ACT Dental has built a thriving community of engaged, growth-minded dental professionals striving to be their best version for their families and team members. This webinar is designed to support practice and team development, providing attendees with a deepened understanding of our tools and philosophies and fostering deeper relationships within the community.

Join us and experience why our members consider ACT Dental an essential part of their career-long journey to success.