Restorative Dentistry Blog

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5 basics of practice management

Running a successful practice takes more than being a great dentist. Here are five areas of successful practice management to master when you aren’t treating patients in your chair. 1. Take care of your finances As a practice owner you will need to manage cash flow, control overhead, set and follow a budget and learn […]

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Non-financial goals to set for your practice

To increase efficiency and deliver a better overall patient experience, consider laying out a series of non-financial goals in addition to your production targets. Here are some ideas to consider. Add a new service Expanding your service offerings can be good for business, great for patients, and an excellent strategy for differentiating your practice from […]

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Understanding why some patients leave

While a certain percentage of patients have simply moved out of the area, the average dental practice still loses 5-10% of its base every year for other reasons. Understanding what these reasons are can help put strategies in place to lower the attrition rate. Decided to switch to a more convenient dentist Patients will often […]

A smiling dentist in scrubs sitting in an operatory

Tips for transitioning into a new practice

Taking over an existing dental practice can present challenges for everyone involved, including the doctor, staff and patients. Consider the following to make your transition as smooth as possible. Selling your existing practice If the purchase of your new practice involves the sale of your current one, it’s always best to resolve issues at your […]

Investing in ongoing professional development

Whether it’s for you or another member of your team, continued education and ongoing professional development are important for staying current with the dental industry’s newest developments. From conferences to webinars, workshops, and dedicated coursework, finding ways to develop you and your team is usually money well invested. Technology and demographics are always changing. In […]

a woman running calculations to determine cashflow

Improving cash flow at your practice

Watching the money flowing in and out of your practice each month is vital to ensuring you have cash on hand to cover payroll, rent, supplies, utilities, and other expenses. If mismanaged, cash flow issues can cause serious financial problems at even the most profitable of practices. Here are a few strategies you can implement […]

Portrait of a confident young woman working in a dentist’s office

Tips for onboarding new hires

If you’ve finally completed the process of posting a job listing, sifting through resumes, conducting interviews, checking references and finally deciding on a new hire, here are some tips for setting your new team member up for success. Recognize that every practice is different It takes a little time for a new hire to adjust […]

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Is your practice evolving to match today’s patients?

Keeping up with change is key to the long-term success of your practice. There is more to the conversation than clinical advancements alone. As the needs of your patient base evolves, so should your practice. Patient communication and interaction Patients expect to be able to schedule, confirm and change appointments using their smartphone–and without dialing […]

An oral surgeon defining practice goals

How to set goals for your practice

Most accomplished people get to where they are by setting goals. While laying out concrete and measurable numbers to hit is key, successfully setting goals for your practice is more complex than just identifying the benchmarks you would like to achieve. Understanding your motivations Money is important, but financial success alone is rarely a strong […]

Oral Surgery Exam Chair

Tips for managing your lease

For dentists that do not own the building where their practice is located, their dental office lease is one of the most important contracts they will need to negotiate. While hiring an attorney experienced with leasing is highly recommended, you will still responsible for going over the provisions in the lease to confirm that the […]