7 Pitfalls To Avoid When Starting Your Own Dental Practice

7 Pitfalls To Avoid When Starting Your Own Dental Practice

Are you planning to start your own dental practice? Most dentists who’re just starting their practice often don’t have adequate training on how to build a rapidly growing dental start-up. The key aspects of running a new practice that you need to grasp include financing, the best practices of starting a new dental practice, and how to attract patients to a new dental office.

Here are the 7 mistakes you should avoid if want your dental practice to thrive from the start:

 

Building a Winning Team

When starting a new practice, having the right team is essential. The smartest thing to do is to work with people who have deep knowledge of the dental industry. Here are pitfalls to avoid when deciding who you should work with:

 

1.     Working with an Inexpert Real Estate Broker

“Location, location, location” is a truism that you should never ignore. A dental office is a particular type of business that’s subject to given city requirements. By not working with a real estate broker who is a dental industry expert, you’ll waste energy and time looking at unsuitable locations.

Does the broker know the parking space requirement (based on the size of the office)? Do they have all the information on the tenant-improvement allowance? Do they know if you can transfer the lease if you choose to sell the practice? A Real estate broker with expertise in the dental industry will save you money and time.

 

2.     Choosing the Wrong Contractor

Working with an incompetent contractor can bring about so many issues: voltage that doesn’t suit the CBCT system, hallways that don’t meet the dental association requirements, incorrect countertops, and more. You can avoid these issues by working with a reputable dental-specific contractor.

 

Attracting Patients

One of the trickiest aspects of starting a new dental office is attracting patients for your dental practice.  Here are pitfalls to avoid when marketing your dental practice:

 

3.     Targeting the Wrong People

Don’t build a practice you’d w