Business Acumen For Dentists

By Robert Runians


Are you considering buying a dental office, rather than starting cold and building your own practice from scratch? If there's one for sale in the area you're serving, then good for you, because that puts you several steps ahead. You've got an existing client base, staff, and processes and procedures already in place.

If you've recently made the decision to start your own dental practice, kudos to you! It's a big step, both challenging and rewarding. One thing you'll quickly learn, however, is that running a business and being part of an existing dental practice are two very different things and will be faced with many dental office transitions.

Sure, you can read the relevant journals and periodicals. Of course, you can sign yourself up for this or that refresher training as relevant, but those things will only take you so far. That leaves the question of how to accurately assess measuring office performance for dentists. You're probably already a member of a professional association, and if so, you know that while somewhat helpful, in terms of furthering your own growth, they're of limited value. What does that leave then?

We offer a course featuring performance coaching, designed to fulfill the very role described above. This isn't a classroom-based course, however. Instead, it's a series of retreats that puts you in touch with like minded professionals who are interested in betting themselves. In improving in every way that they can through the establishment of a model for measuring office performance for dentists.

Do you have a plan to reach your break-even point? What's your timeframe? How viable and realistic is that plan? What are its core dependencies? If you don't know the answers to these questions, at a minimum, then you're not ready to launch.

If you'd like more information about the various professional development courses we offer, we invite you to check out our website, or give us a call.

Goal Setting: Clearly defined vision in hand and head, the next step in the process is to create actionable, realistic, incremental goals you can use to chart your progress toward the better you. The watchwords here are measurable and attainable. It's not enough to have a clear picture of your destination. The points along the way need to be as clearly, if not more clearly defined, and again, while at the retreats, you'll be given all the tools and assistance you need to spell those out.

There are lots of moving parts and keeping it all in balance while maintaining some semblance of a family or home life can be a real challenge, but you don't have to do it alone. We're here to help you to get off the ground and start the process of buying a dental office.

This is not meant to dissuade you from opening your own practice, but rather is merely to illustrate the wide range of details that need to be attended to, including dental office transitions, well before you hang the sign on your door. If you'd like to learn more about what you can expect, and what it takes to open your own practice, have a look at our course here: http://schustercenter.com/courses/dental-business-plan/




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