Thirty Reasons Why Medical Practices Have Cash Problems!
1. Insufficient control over the cost and quality of your service.
2. Lack of proper stock control.
3. Paying too much for supplies.
4. Under pricing the services you are providing.
5. Poor patient relations.
6. Failure to promote and continue promotion of your public image.
7. Poor public relations with suppliers of goods and services to your company.
8. Management’s lack of ability to reach decisions quickly and act fast.
9. Failure to keep pace with management aids as conditions change.
10. Real and psychosomatic illnesses of key people.
11. Reluctance to be aware and seek professional assistance when needed.
12. Failure to minimize taxation through proper advice on tax planning.
13. Inadequate insurance programs.
14. Lack of planning and forward impetus in sales department.
15. Poor human relations with your staff.
16. Loss of key personnel.
17. Lack of total knowledge of your services.
18. Inability to foresee and cope adequately with competition.
19. Complacency about competition.
20. Failure to anticipate market trends in connection with your services.
21. Failure to anticipate market trends in regard to changing trends.
22. Lack of control of liquid assets.
23. Insufficient planning for future capital needs.
24. Failure to stay within the bounds dictated by capital availability.
25. Lack of budgeting or failure to adhere to budget.
26. Refusing to recognize factuality of financial position.
27. Poor record keeping.
28. Granting of too much personal credit.
29. Purchasing too much on credit.
30. Poor receivables control.
Testimonials!
"I just want to say "Thanks for helping get into my new practice! If it wasn't for you
helping me and knowing the right lender, I would not be in my own dental practice today.
Keep up the good work and good luck to you!"
Dr.Denise F. Hollywood, CA
"I would really like to thank you for your GREAT help in
getting me this hard to fund loan. I tried every bank, no one wanted to help! I know that you
worked hard and made it work. I will definitely refer you to my fellow doctors."
Dr.Emily W. Las Vegas, NV
"48 hours after completing the simple on-line application I received notification I
had been approved for unsecured financing and just 2 days later had the money in my account
with a great interest rate and fixed terms with no pre-payment penalties."
Thanks!
Dr.Paul S, Erie, PA
"My local bank turned me down!
My family is friends with the president of the bank… and couldn’t
get the loan".
The process was simple and in just 2 days they got back to me
with a proposal and closed the loan. I am saving $2,440.29 per month and I will have it all
paid off in 5 years!"
Dr.Ron R. Morton, IL
"Everything was great. I did the verbal confirmation with Lindsay this morning. She will cut
the check tonight for the funds and I will receive it tomorrow. You deserve every dollar for your
great service and help!
Thanks for making this work for me. You were the most honest out of every lender I
dealt with over the past 6 weeks.".
Dr. James C, MD Folsom, CA
"BRT financial did a wonderful job assisting me in the acquisition of my physician's
loan. Their extremely prompt and courteous service made the process painless, while
their attention to detail and willingness to listen allowed me to get the loan that
best suited my needs!" Thanks
Dr. Andrew, MD Wheaton, IL
"When I decided to purchase a chiropractic practice, financing became one of my biggest
concerns. Luckily I was blessed with discovering BRT Financial. Dianna, my practice
finance specialist, worked one-on-one with me from the very first day. She assisted me
in exploring all my options and always gave the extra time to make sure everything went
smoothly. Thank you, BRT for
helping me acquire the practice of my dreams!"
Dr. C.F. - Georgia
"Today I talked with BRT Financial,
I dealt with them a number of years ago when I was building my practice. BRT is Christian based and is
operated on Christian principles. You can be assured that BRT will be always looking for
what is in your best interest.…"
JW - Ohio
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