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The Benefits of Practicing Dentistry in a Small Town

Did you know that people living in rural small towns often drive more than an hour to see a dentist? The Federal Government and many states offer incentive programs for dentists who agree topractice in high-need areas. When taken advantage of the programs reduce student loan debt significantly. In instances where loan forgiveness isn’t necessary …

What you need to know if you want to own a Dental Practice

Whether you’re planning to own a practice, or you already do, this article is for you. You won’t likely receive the following information in Dental School, in Residency or as an Associate Dentist.   Reality Bites:  It does not matter how much you love your team or how much they love you, they will never care as …

Image of a small town vs a big city

Benefits of a Small-Town vs. Big-Town Practice

The following article was written by our Founder, Mary Fisher-Day, exclusively for Dental Entrepreneur Magazine and appears in the Fall, 2016 issue and the online edition Here.  There’s plenty to be said of the benefits of living and practicing in a big city or Metropolitan area. Proximity to upscale dining, Cultural Activities and Shopping Malls …

Image of calculator and math. What is your overhead?

Dental Office Overhead

The following overhead numbers are typical of a well managed Dental Practice: • Staff Salaries (including benefits and government required Payroll expenses) = 24-28% • Clinical Supplies = 6% • Lab Fees (all) = 7-8% • Rent or Lease payment = 4% • Equipment Leasing/Purchases = 2-3% • Office Supplies (includes postage and electronic billing …

Mary Fisher-Day coaches dentists and their teams

A Note From Mary

When you think you can’t afford to hire a practice management coach or consultant is when you need one most. If your practice is in need of a consultant/coach, find one that will work with you on payments. Our clients see their investment repaid many times over and in a very short period of time. …

Image of a chart .. what are the top mistakes made by dental practice owners?

Top Mistakes Made By Dental Practice Owners

What are the top mistakes made my dental practice owners? 1- Under estimating the value of team communication   * Morning meetings or huddles are the most important communication of the day. This 10 to 15 minute meeting will set the tone for the day. The Doctor or Scheduling Coordinator should facilitate   Review the schedule …

Image of a small town vs a big city

Large City or Small Town?

The vast majority of students coming out of dental school want to practice in large cities, while small town populations often struggle to find a dentist within a 30 minute drive.  For this reason, some states offer an incentive program to dentists who agree to practice in small towns. There are often programs in which student …

Image of a teacher reviewing strategies for the upcoming year

A few of our strategies for ending the year on a good note and starting the next year off ahead of the game.

Where has the year gone? I cannot believe its November already. I want to share with you a few of our strategies for ending the year on a good note and starting the next year off ahead of the game. Set goals for 2014:   Production; Collections; Collection %; Hygiene; Specialty Procedures, etc. Review your fee …