The path to practice success

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There are always symptoms when something’s not quite right with a patient’s dental health, and the same principle can be applied to the well-being of your dental practice.

We’ve been thinking about that here at Bite, and we think there’s a few things you can do to keep your practice in good stead. Here, we’ve prepared a 10-point path which, if followed regularly, is sure to help keep your dental practice on the road to success.

Financial reporting is a key way for most businesses to keep on top of their strengths, weaknesses, opportunities.

Another important aspect for a dental practice is the up-keep of your assets-both staff and your equipment. Keep your practice in good knick by maintaining staff morale. Customers base their initial perception on their first contact with employees. If the staff is not happy, how does this affect the way they interact with patients and suppliers? Clients can tell pretty quickly if things are off and will feel uncomfortable visiting. Complaints and/or increased absenteeism may indicate things are not what they should be.

Finally, make sure you plan for the future. Business planning is the practice of working on your business and not just in it. Do you and your team set aside regular times to catch up, review strategy, discuss marketing ideas, explore client concerns and work through practice management techniques? This practise can include reviewing cash flow and will highlight issues long before they become too hard to handle. The pay-off of taking time to do this is huge and needs to be scheduled in on a regular basis.

Because all of these things can be hard to remember, we’ve put together a handy Infographic to help you on your way. Follow these 10 steps regularly-don’t forget to add some of your own points to refine the review process-and you’ll be well on your way to determining the health of your dental practice, and correcting any issues before they have the chance to push you too far off track. And don’t forget to talk to your advisors regularly!

Practice Health Check
There are always symptoms when something’s not quite right with a patient’s dental health, and the same principle can be applied to the well-being of your dental practice.

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