It can be easy to forget that your dental practice is a business like any other. While extracting profitability and scalability from your practice can, at first glance, appear challenging, there are a few fundamental – and simple – systems and principles you can use to expand your business, employ more staff and, ultimately, help more people.
Here’s how you can make your dental business more successful:
Avoid Stock Shortages – Buy in Bulk
A guaranteed business killer is a poor supply chain. In dentistry, this holds an altogether heavier weight. Your medical supplies aren’t just necessary for you and your staff to do your jobs; a lack of them can threaten the safety of your patients.
This is why using an online dental equipment supplier such as Kent Express can save you time, money, and the stress of sourcing individual supplies and organizing their delivery.
By sourcing your equipment from a single supplier, you can streamline your dentistry business and, as a result, make it more successful.
Master the Art of Delegation
Another powerful way you can increase your dental practice’s success is to ensure each member of your staff has a clear understanding of their role and stick to that role, with minimal overlaps in duties. While it sounds obvious, this trick has the potential to rapidly increase the efficiency of your practice and the morale of your staff.
When it comes to teamwork, what often happens is one or two people tend to dominate, leaving the others unsure of their roles or how to help. What’s more, with a lack of leadership or clear targets, people quickly switch off and fail to reach their maximum levels of efficiency.
Now, your dentists will already have a clear job description, so this doesn’t necessarily apply to them. However, it could apply to your administration and HR teams, who are responsible for a great deal of your company’s daily processing efficiency.
Don’t Stay Small, Because Expansion is the Key to More Patients
In dentistry, your overall aims are to help as many patients as possible and to turn a steady profit. By expanding your business to allow more patients to be helped – either by hiring more staff or by opening a second practice in a different area – you can achieve both aims.
While it is tempting to stay small and consolidate your business (and in some cases, this is the best course of action), you may find a great deal of potential success in branching out and expanding your practice. It carries a substantial amount of risk, but the rewards can, in many cases, be worth the extra effort.
Make Use of Modern Technological Breakthroughs
There are a great many technological innovations that are quickly transforming the way you can practice dentistry. By investing in these technologies, you will stay at the cutting edge of your profession, power ahead of your competitors, and provide superior care for your patients.
One such technology is remote consultation. By using a smartphone, patients can show you their mouth via their camera, allowing you to make a quick assessment of the problem without them having to leave their homes or you having to waste time waiting for appointments and processing administration.
Another is virtual reality. While VR has traditionally been the reserve of the gaming community, it is being used increasingly by medical professionals to train members of staff.
This can improve the overall quality and speed of training, saving you money and allowing you to provide a better-quality service.