Financial Modelling Tool for Dental Practices
As a dentist, understanding how your cash flow may fluctuate throughout the year and knowing when to make strategic decisions is essential. Brixx offers the financial tools you need to gain timely and crucial insights to guide your practice's financial health and growth.
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Who can use this Brixx template?
Dental practice owners
Financial planners for dental clinics
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What are the benefits to dental practices?
Dental Practice Template
The template is tailored to the healthcare sector, covering all aspects of running a dental practice
Cash Flow Modelling
Effortlessly model your cash flow, patient revenue, operational costs, and equipment financing
Charts & Graphs
Easily interpret results and graphs to assess the profitability of various services
Impact Analysis
Quickly evaluate the impact of new income streams, such as specialised treatments, insurance partnerships, or service expansions
Scenario Testing
Receive immediate feedback when testing different financial scenarios like pricing changes, staff expansion, or new clinic locations
Get started with the best financial projection software – today!
Financial forecasting software is essential for dental practices, offering the insights needed to plan and manage finances effectively. By forecasting costs, practice owners can gain a clearer picture of their financial landscape. Additionally, forecasting potential revenue and expenses enables informed decisions on pricing strategies, staff recruitment, and investment in new technology.
The ability to identify market trends, adjust service offerings, and plan for economic fluctuations further enhances a dental practice's ability to succeed in the long term. With over 20 years of business planning experience, Brixx stands out as a trusted solution, offering a robust set of features to help dentists confidently navigate the complexities of financial planning.
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Model your dental practice business in Brixx – see how quickly your finances can make sense!
Project Setup
- Project name : Healthy Teeth Dental Practice
- Time period : Monthly (ideal for tracking patient revenue, expenses, and loan repayments)
Setup 
Income Components
Component: Patient Revenue
Sub-components:
- General Check-ups & Cleanings (£50 per patient, 200 patients/month = £10,000)
- Fillings & Restorations (£150 per patient, 50 patients/month = £7,500)
- Root Canals (£500 per patient, 10 patients/month = £5,000)
- Orthodontics (Braces/Invisalign) (£3,000 per patient, 5 patients/month = £15,000)
- Cosmetic Dentistry (Teeth Whitening, Veneers) (£800 per patient, 10 patients/month = £8,000)
- Emergency Appointments (£250 per patient, 15 patients/month = £3,750)
Component: Additional Income
Sub-components:
- Private Insurance Payments (£5,000/month)
- NHS Contracts (if applicable) (£10,000/month)
- Sale of Dental Products (Toothbrushes, Whitening Kits) (£1,500/month)
- Rent from Subletting a Room to a Specialist (£2,000/month)
Income 
Expenditure Components
Component: Operational Costs
Sub-components:
- Staff Salaries (Dentists, Hygienists, Receptionists) (£25,000/month)
- Dental Consumables (Fillings, Gloves, Disposables) (£5,000/month)
- Equipment Maintenance & Sterilization (£1,000/month)
- Rent & Utilities (£4,000/month)
- Medical Waste Disposal (£500/month)
- Professional Indemnity Insurance (£2,000/year)
- Marketing & Advertising (£1,500/month)
Component: Administrative Costs
Sub-components:
- Legal & Accounting Fees (£2,000/year)
- Software Subscriptions (Practice Management Software, Brixx) (£200/month)
- Training & CPD Courses for Staff (£1,000/year)
- Licensing & Professional Memberships (£1,500/year)
Expenditure 
Asset Components
Component: Fixed Assets
Sub-components:
- Dental Chairs & Equipment (£50,000, depreciated over 7 years)
- X-ray & Imaging Machines (£30,000, depreciated over 7 years)
- Office Furniture & IT Equipment (£10,000, depreciated over 5 years)
- Leasehold Improvements (Practice Renovation) (£100,000, depreciated over 10 years)
Component: Current Assets
Sub-components:
- Cash Reserves (£20,000)
- Accounts Receivable (Outstanding Patient Bills) (£10,000)
- Dental Supplies Inventory (£3,000)
Assets 
Funding Components
Component: Business Loans
Sub-components:
- Start-up Loan (£100,000 at 5% interest, 10-year term)
- Equipment Financing (£50,000 at 4% interest, 7-year term)
- Working Capital Loan (£20,000 at 6% interest, short-term)
Component: Personal Investment
Sub-components:
- Initial Equity Contribution (£50,000)
Component: Future Funding (Optional)
Sub-components:
- Expansion Loan for Opening a Second Location (£150,000 at 5.5% interest)
- Investor Funding for New Technology (£50,000)
Funding 
Scenario Planning in Brixx
Patient Volume Scenarios
- Model scenarios where patient visits increase/decrease by 10% to assess revenue impact.
Equipment Replacement
- Forecast when high-cost equipment like X-ray machines need replacement.
Staffing Expansion
- Test the impact of hiring an additional dentist or hygienist on profit margins.
Loan Interest Rate Changes
- Evaluate financial resilience if loan interest rates increase by 1%.
New Service Introduction
- Model the profitability of adding new services (e.g., implants, laser whitening).
Scenarios 
Dashboard & Reporting
Cash Flow Report :
- Tracks monthly revenue, expenses, and net cash flow.
Balance Sheet :
- Displays assets (equipment, cash reserves) and liabilities (loans).
Profit & Loss Statement :
- Highlights total revenue, operational costs, and net profit.
Custom KPIs :
- Measures revenue per patient, profit margin per service, and return on investment (ROI).
Dashboard 
Strategic forecasting in Brixx
Calculating the profitability impact of varying treatment prices and patient volumes
Demonstrating projected earnings to support loan applications or investment opportunities
Forecasting and budgeting for equipment purchases, clinic renovations, and staffing
Anticipating financial requirements for new service offerings and practice expansion
Evaluating the impact of market fluctuations on patient demand and operational costs
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Answer real questions about your business:
- Scenario testing
- 10-year financial forecast
- Pre-built templates
- Xero integration
- Automated reports: P&L, balance sheet, cash flow, tax & more
