Starting any business is difficult but, if you have a passion for the service you are offering and know there is a market available, then you are off to a good start. With dedication, anything is possible.
The good news is that dentists are still in exceptionally high demand. Recent predictions estimate demand will rise for dentists by approximately 20-25%. In short, you are opening a dental practice at the right time.
Here are 5 simple steps to help you make a success of it.
1. Plan First
The first step has to be planning. Assuming you are already qualified you need to start thinking about what it will cost you to set up your dental practice and the realistic earnings you can acquire in the first year. This is essential to decide how much additional funds you need and whether you can afford it or need to look into finance.
There are plenty of finance options to help you get your dream off the ground.
2. Location
Your research should have confirmed the need for a dentist in your area. You now need to narrow down the search area as much as possible. You don’t need to be too close to another dentist, find a part of the city that doesn’t have a dentist and consider this as your best location.
Of course, you also need to be comfortable in the neighborhood, do your research first.
3. High-quality Fitout
Once you have decided the location and the budget, you’ll be ready to invest in the right property. It is best to choose a property that is already licensed as a business but is relatively empty. This will make it easier for you to fit the place out as you want.
At this stage, it is a good idea to speak to a firm specializing in dental fitouts. They will have some great ideas for you and a wealth of experiencing building similar projects. In addition, they can do all the work and take the stress out of preparing the building for your first clients.
4. Introductory Offers
The key now, as you get ready to open, is customers. These are essential to the success of your business. Advertising locally is a great starting point, you can also promote your services on social media. This is certain to attract some attention.
But to really get the people through your door and into your dental chair, you need to create some introductory offers. For example, pay for two adult checkups and get two children’s ones for free. That won’t just get the parents into your chair, it will give you their children, potentially for many years to come.
5. Be Ready For Anything
Don’t forget that all businesses, no matter how well they plan, will run into issues. You need an emergency fund to help you deal with issues and the ability to take a deep breath, step back, and then assess any issue.
You will be surprised at how easily most things can be resolved, once you allow yourself to breathe and take stock of a situation.
