This Is How You Can Understand The Language Your Accountant Speaks with Peter Frampton

Dentists Who Invest Podcast

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport
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Does financial jargon leave you scratching your head? Yep, you’re not alone! In this episode, we chat with Peter Frampton, chartered accountant and founder of Wealthvox, who’s on a mission to make finances simple for dentists. Whether it’s income statements, balance sheets, or the difference between profit and cash flow, Peter breaks it all down in plain English so you can confidently take control of your practice’s finances.
We’ll also dive into practical tips, like how to spot red flags such as operating losses, and use Peter’s “RELAX” framework to assess your practice’s financial health. From juggling debt to figuring out where your money’s actually going, this episode is packed with insights to help you feel more in control.
Oh, and there’s a new Wealthvox initiative on the horizon to help dentists master their numbers. If you’re ready to ditch the confusion and make smarter financial decisions, don’t miss this one!
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Register here: https://wealthvox.com/dentists
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Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional.

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1. Understanding Income Statements for Dentists (00:00:00)

2. Comprehensive Income Statement Breakdown (00:13:41)

3. Financial Terminology and Balance Sheet (00:23:13)

4. Understanding Balance Sheets for Dentists (00:32:47)

5. Analyzing Liquidity and Equity for Dentists (00:39:58)

6. Dentists' Financial Education Initiatives (00:45:56)