It seems like you’ve been in school forever. When you receive your DDS, all your hard work is worthwhile. But where do you go from here? Begin by applying these 5 verified techniques to start a profitable practice that patients love.
The dental and orthodontic landscape is a competitive one. According to Dentistry IQ magazine, the number of dentists is increasing proportionately to the U.S. population. So in this environment, how can you give your practice the edge to be successful? Start now by applying these 5 verified techniques to grow a profitable practice that patients actually love.
The average dental practice spends approximately 6 percent to 6.5 percent of its expense budget on dental supplies. That may not sound like much, but if you don’t keep a careful watch over your ordering process, you may find that your practice is above average in a negative way – your supplies’ budget percentage may slowly creep into the double digits.
If that happens continuously, it can damage your practice’s profitability.
You can utilize these five ways to streamline your ordering process.
You’re very concerned with the condition of your patients’ teeth, and you want to do everything you can to help them remain healthy. But when was the last time you evaluated the health of your dental practice?
If you’ve not taken a recent assessment, you may be overlooking some red flags that are getting in the way of both profitability and patient loyalty. Does your practice show these top ten principles of growth and health?
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