Dental Practice Transition: A Practical Guide to Management by David G. Dunning, Brian M. Lange

By David G. Dunning, Brian M. Lange

Dental perform Transition: a pragmatic advisor to administration, moment Edition, is helping readers navigate via thoughts equivalent to beginning a convention, associateships, and purchasing an latest perform with valuable details on enterprise structures, advertising, staffing, and cash management.

  • Unique accomplished consultant for the newly certified dentist¬†
  • Covers key elements of perform administration and the transition into deepest practice¬†
  • Experienced editorial workforce offers a clean, balanced and in-depth examine this extremely important subject
  • New and improved chapters on dental assurance, sufferer conversation, own finance, associateships, embezzlement, and dental carrier organizations¬†

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External policies might include credit and collection (such as selling accounts over 90 days old to a collection agency) and check cashing (for example, checks drawn on local banks only). Insurance What types of insurance will you require and at what costs? While insurance is expensive, you want to make sure you have enough of the right kinds. See chapter 21 for a detailed discussion of insurance needs. Legal What will be the legal structure of your business? What are the start-up and the ongoing costs?

If you are obligated to the practice of dentistry 35 or more hours a week and you have a family, little time remains that can be devoted to the study of investing. Turning all or most of your investment money over to someone to manage should be done only after you have developed your investment goals, determined the level of risk you can tolerate, and established your investment philosophy. The process of developing your investment goals starts with the budgeting process. See chapter 22 on personal finance/investing.

Remember, your patient does not really care that someone else made the poor-fitting crown or could not deliver it in the time promised. Regarding the physical location, where exactly is it? What are its advantages and disadvantages, including, for example, age of the structure, available parking, room for expansion, proximity to clients? Are you going to rent or buy an existing structure, or will you build? What are the up-front and monthly costs? Price Your pricing structure, when multiplied by the number of the various procedures you can perform, will ultimately determine your total sales.

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