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Tips for New Dental Practice Owners

By Dr. Anand, DDS | ultralightblogs@gmail.com

Tips for New Dental Practice Owners

By Dr. Anand, DDS

ultralightblogs@gmail.com

We are introducing Dr. Ava Kamenshchik, a board-certified orthodontist in New York.  She will be sharing her experience for new dental practice owners and providing tips she learned along the way.

1. How can I get new patients in the door quickly?


Tap into your existing patients, they are your real practice ambassadors.  Don't forget social media and ad campaigns from Facebook, Instagram, and other social media platforms. You should be tracking where your existing patients came from (referrals, internet, advertisements) and be able to use that to work out your best return on investment.

1. How can I get new patients in the door quickly?


Tap into your existing patients, they are your real practice ambassadors.  Don't forget social media and ad campaigns from Facebook, Instagram, and other social media platforms.


You should be tracking where your existing patients came from (referrals, internet, advertisements) and be able to use that to work out your best return on investment.


1. How can I get new patients in the door quickly?


Tap into your existing patients, they are your real practice ambassadors.  Don't forget social media and ad campaigns from Facebook, Instagram, and other social media platforms.


Track existing

patients for the best ROI



You should be tracking where your existing patients came from (referrals, internet, advertisements) and be able to use that to work out your best return on investment.



2. How do I hire a team to help support my goals?


Attitude is EVERYTHING! Hire for attitude, not just experience. You need to have a shared vision and shared responsibility with your staff. They should be incentivized to share your success. Once they have a stake in the game, you will see a difference in their actions.



"Believe you can, and you're halfway there"  - Teddy Roosevelt

2. How do I hire a team to help support my goals?


Attitude is EVERYTHING! Hire for attitude, not just experience. You need to have a shared vision and shared responsibility with your staff. They should be incentivized to share your success. Once they have a stake in the game, you will see a difference in their actions.

3. Should I maintain an associate position while starting my new practice?


While you don't want to spread yourself too thin, there's a lot to learn about practicing in the real world. Maintaining an associateship can afford you the opportunity to see different ways to practice clinically and to operate as a business owner. You can see what systems you want to implement into your own practice and how you can improve them. 


Different roles

provide different perspectives


It may take some time to find your balance between being an employee and an employer. If you start to see your own practice suffer, you may want to consider cutting back hours as an associate.

3. Should I maintain an associate position while starting my new practice?


While you don't want to spread yourself too thin, there's a lot to learn about practicing in the real world. Maintaining an associateship can afford you the opportunity to see different ways to practice clinically and to operate as a business owner. You can see what systems you want to implement into your own practice and how you can improve them.


It may take some time to find your balance between being an employee and an employer. If you start to see your own practice suffer, you may want to consider cutting back hours as an associate.

3. Should I maintain an associate position while starting my new practice?


While you don't want to spread yourself too thin, there's a lot to learn about practicing in the real world. Maintaining an associateship can afford you the opportunity to see different ways to practice clinically and to operate as a business owner. You can see what systems you want to implement into your own practice and how you can improve them. 


It may take some time to find your balance between being an employee and an employer. If you start to see your own practice suffer, you may want to consider cutting back hours as an associate.

4. What is the best way to secure funding for a new office?


First and foremost, take a look at your own financial fitness. Once you have established the desire to secure outside funding for your new venture, do your research! Local banks may end up providing you with the best rates.


You may also consider forming a partnership and pooling your financial resources. Don't be afraid to ask your professional colleagues about their experiences as well. Talking candidly with your peers can help save you a lot in the long run.


Thank you Dr. Kamenshchik for sharing your tips with us! 

4. What is the best way to secure funding for a new office?


First and foremost, take a look at your own financial fitness. Once you have established the desire to secure outside funding for your new venture, do your research! Local banks may end up providing you with the best rates. You may also consider forming a partnership and pooling your financial resources. Don't be afraid to ask your professional colleagues about their experiences as well. Talking candidly with your peers can help save you a lot in the long run.


Thank you Dr. Kamenshchik!

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August 06, 2021

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7200 Hazard Ave, Westminster, CA 92683

www.ultralightoptics.com

(323) 316-4514

customerservice@ultralightoptics.com

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