Ethics & Law · single question

Which item is NOT an essential component of a dental office business plan?

  1. Projected cash flow
  2. Staff salaries and benefits
  3. Marketing strategy
  4. The lessor's (landlord's) insurance policy
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Correct answer: D. The lessor's (landlord's) insurance policy

  • A. Cash-flow projection is fundamental to any business plan and to securing financing.
  • B. Payroll and benefits are one of the largest line items in any dental practice budget and are core to the plan.
  • C. Marketing and patient-acquisition strategy is a standard business plan section.
  • D. Correct. The landlord's own insurance coverage is the lessor's business, not a component of the practice's business plan. The practice needs its own coverage documented.

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