What!?! Exit strategy? Why so soon? If you are a healthcare practice owner in Canada, you might think that planning your exit strategy is something you can do later, when you are ready to retire or sell your practice. After all, you have just started your journey as a business owner and you have many
What does it take to create a seriously profitable practice. Let’s explore some key strategies that can turn your practice into a profitable enterprise. Trust me, it’s not rocket science, but it does require some intelligent moves and a sprinkle of creativity. Uniqueness First things first, let’s talk about the power of differentiation. In a
Bosses of the world, please pay attention as this is a seriously important question to every one of your staff. You hire them, put them on the job and hope for the best. Each one of them can make or break the success of your practice, and the brightest ones are aware of this and
Most practice owners say they are concerned with how to increase the efficiency and production of their practices. Actually, most business people of any kind want the same thing. So what is so mysterious or tricky about having a totally efficient practice? Let’s answer that first and then it will open the door as to
Patients and clients experience a lot of different emotions when it comes to your services, right? Some come in like lions and go out purring with contentment. Some come in like tigers and go out like tigers. The staff of your practice are pretty much confronted with a total cross-section of humanity and not all
Profit Killers
As a practice owner, are you interested in increasing the profitability of your practice? If yes, you are in good company with almost all practitioners. After 7 years of post-secondary education, on-going continuing educational courses, a major investment into starting or buying your practice, and a lot of sweat equity, you really DO deserve to
Let’s say you own a practice and have an idea that you want to implement. And it is a GREAT idea! You call a staff meeting to present it and get everyone excited about it. But, only some of them bought in and others didn’t. Worse yet, what happens after the meeting? Answer: You may
Bosses and staff are a team (or should be) and can make a huge difference in your patients’ lives. However, not everyone is a “born” superstar. What are the qualities that would help you be one and become indispensable? Superstar Traits The person (boss or staff) really enjoys being at work and being of service
Togetherness is not a word you would use to describe some of the teams we have run into in some practices over the years. And yet, as a practice owner, it’s probably high on your “perfect practice” wish list that you have a team that gets along and bonds well. Factually, whether you have two
Video Marketing has crept into our lives and taken over as one of the prime methods of attracting people to your practice. It has become especially important in your social media strategy for reaching potential new patients. This is a trend that we can’t ignore as a valid avenue to make yourself known. Per a
The interview and hiring process can be very disturbing, annoying, aggravating, frustrating … pick your favourite word. The complaints are often that there are no good candidates applying. While that may be true, it may just be that you are not putting out the right messages to attract seriously good people. For 30 years we’ve
[av_textblock size=” font_color=” color=” av-medium-font-size=” av-small-font-size=” av-mini-font-size=” admin_preview_bg=”] Do you sometimes feel frustrated with the present set of circumstances in your dental practice? You come in every day and it’s the same old story of coping through the day, and getting the heck out of there at end of day to eat a late, cold
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