It is critical to build a dental or orthodontics practice that can survive in your absence. Why is this so important? Because you can’t be in your office every minute of every day, nor do you want to be! A truly successful practice should function as its own ecosystem, and be able to work effectively…
One of the main reasons people open their own dental practice is to enable themselves to spend more time (and money!) with their families. Being a business owner and your own boss comes with perks, autonomy and sufficient income being the most desirable. However, once you get into the routine of running your business and…
One of the most important things about maintaining the success of your dental practice is keeping your patients coming back. It’s not a big secret that many people avoid going to the dentist, unless they have an emergency, or pain they can no longer endure. And unfortunately, many of those patients won’t be seen again…
So you’ve decided to offer your team members a bonus…now what? Here are tips, suggestions and guidelines for providing an incentive program in your dental practice. There are several key factors in ensuring that your bonus structure suits the needs of your individual team members, the dental practice as a cohesive whole, and your office…
When it comes to keeping the energy and enthusiasm levels high in your office, you may consider offering your team members a bonus. There are many benefits to running an incentive program, and with a smaller business it can be a productive way to provide extra motivation, and express your appreciation for your hard working…
Dentists, orthodontists and dental professionals hate to think they’re in a sales role – but let’s face it, they are! Patients don’t always believe they need dental care, and they often have to pay a significant portion out-of-pocket. How you communicate the need for a dental procedure makes all the difference in whether a patient…
One of the biggest challenges of owning a dental practice is keeping your revenue and cash flow even month-over-month. There are normal yearly fluctuations in business, yet your bills stay the same every month regardless of how much you bring in. This can be very challenging to manage! Often this means that the dentist business…
Summer is here, and many dentists look forward to a well-deserved break. However, taking a vacation when you’re a dentist business owner can also be stressful. Many dentists pursued the profession to have autonomy, and “be their own boss.” Yet far too many find out that they can’t take the time they need for vacation…
Marketing is something most dental and orthodontic practices didn’t have to worry about 20 years ago. Today, the only practices that survive and thrive are those who prioritize and invest in effective marketing strategies. There are 2 categories of marketing for your dental practice: internal and external. Internal is what you do inside of the…
You know what it takes to manage a dental practice – but do you know the secret to managing a successful practice? It’s not perfect logistics. Sure, your dental practice is a complex business that synchronizes multiple concepts and responsibilities. It’s not the technical side, either. You may have the most modern equipment in the…