Are You Planning To Open A Dental Office From Scratch?

1. Determine your budget

Starting a dental office requires a sizeable amount of capital. These days, the costs can be up to half a million dollars. Your start-up budget should include everything you will need to make it possible to open your doors. To estimate costs, you will need to talk to bankers, commercial property agents, real estate agents, architects, medical equipment reps, and builders. However, These are just some of the people you will need to speak with to find out what it will take to build a solid budget. Sound like a lot of work. Well, it is, but I have a solution to make the process a whole lot easier for you. It's simple, call David Company today. You don't even have to read the rest of the steps below because David Company will take care of everything. From finding financing to helping you find the right employees to help you be successful. David Company is a one-stop destination to design and build your dream dental practice.

2. Open a dental office in the right location

The best place to open a dental office is in the heart of the city. But such locations come at a high price. Instead, you can consider the neighborhoods that don't have nearby dental clinics. Narrow down the sites and pick one where the office will meet your budget. Take into account that the easier your dental clinic is found, the more patients you will have. It's wise not to set up the clinic in a place full of practitioners offering similar services as this will increase the competition.

3. Purchase equipment

Divide the items you need for your dental clinic into four groups – furniture, dental equipment and supplies, stationery, and software. Make a list of the approximate costs of each group. Dental equipment and supplies will take up the bulk of the initial expenses, followed by the furniture, software, and stationery. It is typical for dental clinic owners to lease dental tools, patients' chairs, and instruments. David Company has strong relationships with supply companies and makes it possible to give discounts. 

4. Secure licensing and other government documents

Patients won't visit your clinic unless you have a license. And it's better not to wait until the last moment to handle the legal aspects. Find out about the legal aspects of the dental office that you need to follow. In some cases, it may take months to get your license. After setting up your dental office, you wouldn't want to wait for another few months to receive the license. 

5. Plan for staffing

One secret to opening a dental office depends on three things you need to do simultaneously: set up the office, plan for staffing, and secure licensing. With these three processes started, you may open your clinic as soon as you have the licensing and documents to operate. Screen the candidates according to their work experiences, qualifications, and job expectations. Discuss their salaries, time-off, health insurance, and other benefits.

Once you go through these stages, you need to attract patients. It is imperative to have a marketing budget and strategy in place. Without one, no one will know who you are and what you do. There is no need to reinvent the wheel when it comes to gaining patients. Talk with David Company to put together the perfect marketing plan for your new practice.