Staying in an Operational Rut Costs More Than You May Think

The six most expensive words a dental owner could say are, “we’ve always done it that way”. As the saying goes, the one thing that’s constant in life is change. Whether it’s shifts in the needs of your community or industry-wide regulatory changes, it’s important that your practice continues to evolve as well. While practice owners know this, putting it into action is not always so straight-forward. Sometimes, you may not know what to do, other times a lack of […] Read More...

Protecting Your Dental Practice from Inflation

Inflation is impacting nearly every aspect of our lives, and your dental practice expenses are no exception. As costs continue to rise, it’s important to have a plan to limit the financial impact on your practice. Here are three ways to minimize the effects of inflation on your bottom line:  1.Controlling your overhead A great way to do this, is to be more proactive about any larger purchases you may need to make. Start by assessing your current equipment (including […] Read More...

How to Weigh Your Options When Considering Transitioning Your Practice

It’s no secret the dental industry is not currently set up to provide adequate support for private dentist owners as they prepare to transition their practice, unless they’re willing to give something up – typically either their hard-earned equity or clinical autonomy.  Neither trade-off sounds appealing for most independent dentists who have spend their career dedicated to their practice. Many are left wondering how to weigh their options and ensure they receive the maximum financial benefit they’ve earned over the […] Read More...