Are you thinking about all of these issues? Think again.
Do what you do best and worry about serving patients and growing your practice. But don't waste your time dealing with all of these questions and issues. Leave that part to us:
- Is this the right market?
- What are the demographics of this market?
- Can I attract new patients?
- Are the demographics right for my practice? Or am I offering the right services?
- Should I hire an architect and buy land? Or lease and renovate and existing space?
- Who will maintain the building and grounds?
- How much will it cost to build out the space, buy equipment and stock up on supplies? Should I lease equipment? What should I be paying?
- How do I start a budget?
- Do I need to advertise? Through what channels? With what message? And for how much?
- When do I hire staff?
- How much should I pay each position? How much do I pay myself?
- What is a P&L? And how do I read it?
- What is ROI and how do I know if it is good?
- Can I offer healthcare and retirement benefits to my staff? How much will that cost?
- Should I accept insurance? Who will submit the claims?
- How will I know if my office is OSHA compliant?
- How will I ever get to take a vacation? Who will cover for me?
- When will my office be profitable? And when can I pay off my debt?
- How do I get financial reporting? Can I do it myself?
- Should I hire a payroll company? Or do it myself?
- What if someone calls in sick or quits?
- What if this doesn’t work out for me?
If practice ownership without the hassles and risks sounds appealing, call Aspen Dental at (877) 507-9535.