Lunchtime Lockdown series is a big hit with practice owners, over 2000 attendees from the UK and Ireland joined our first two webinars this week.
Hosted by MediEstates and the Spot-on Business team the successful webinars reached maximum permitted attendees thus re-runs had to be made available.
Directors, Phillip Barker and Maja Thompson, hosted the event, with presentations from expert dental practice business planners, Andy McDougall and Anne-Marie Houston.
Andy and Anne-Marie covered how Covid-19 will impact the cashflow of UK and Ireland dental practices, with an anticipated economic downturn. The first lesson, aptly named ‘Business Survival’ focused on the immediate situation with the following major topics covered: the importance of cashflow and forecasting, CBILS loans, borrowing and furlough.
Lesson two ‘Business Revival’ then looked more in depth at the cashflow models needed to forecast a practice into 2021 and the impact Covid-19 might have in different scenarios for all dental practices with the lockdown stalling all patient treatment and subsequently all private income. Pricing, additional costs, PPE, additional hours of work and protecting clinical staffing structure were key areas also. A back to work Gantt chart has been made available to attendees following Lesson 2 to help with all the business procedures that need to be address and how to prioritise, a video tutorial is to follow.
With a positive focus on the revival of practices, Andy explained that his current clients will not be forced into closure but can instead realise a path to recovery that may not be too far into the horizon.
Phillip Barker said: “Now more than ever, it’s important to be sharing views and market expertise with practice owners. We wanted to offer support and guidance to the profession during the uncertain times we are all currently facing, whilst also looking to the post lockdown future and the opportunities we can take to be back to business as usual”
To revisit the webinars or join for the rest of the series please register here
For more information contact: Phillip Barker firstname.lastname@example.org
To download the presentation slides for Lesson 1 & 2 and the Gantt chart please follow this links below:
Lesson 1 slides
Lesson 2 slides