Over the last 30 years, we have helped thousands of practitioners make decisions about moving and starting up practices. The process can be exciting and daunting at the same time. What are you planning? Scenario 1: You have been associating for a while and it’s time for you to go out on your own and
There is a famous saying that nothing ever stays the same – it is either growing or it is shrinking. One or the other. That being said, how does it apply to you and the value of your practice, not to mention “keeping up with the Joneses” or at least with inflationary increases? Apparently, if
In the late 1980’s when we started our consulting company, marketing was just starting to become important. Before that, most healthcare professionals simply opened their doors, and if they were fairly good, their practice filled up quickly. However, you may have noticed that things have changed over the years and marketing has become something you
A major advertising campaign that started in the last century advocated “Freedom 55” — early retirement at age 55. However, at that time men lived to an average age of 72 and for women it was 78. Now here we are a couple of decades into the 21st century, and the average ages are now
Life is busy these days, right? The sheer number of duties and functions and actions that you need to perform and be on top of regarding your practice can seem daunting. Then add in being a mother or a father or the coach for kids teams, courses you need to do for CE credits, buying
There are those who slouch through life, viewing it as a drudgery, doing the irreducible minimum to just get by, who don’t put their energy and effort into succeeding, and they are therefore regarded as so-so team members in a practice. And then they wonder why they don’t get the raise they want or the
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
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