Dental Practice Start-Ups

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How to start dental practice? Dental start-ups pose some unique challenges and it is important to have a quality dental consulting team on your side. Building your own dental business from the ground up can be overwhelming, and it can be overwhelming to know where or how to begin. Let CTC National’s skilled dental consultants guide you through your dental start-up process.

Dental Practice Start-Up Services

Below is just a small sampling of the wide range of services we provide during your dental practice startup:

  • Dental Practice Location Assessment – Choosing the right location for your dental practice is one of the most important decisions. It will impact your patient base, competition, and ability to be successful. We can help you find the exact right location based on your personal goals and the needs of your practice.
  • Hiring Your Dental Staff – If you hire the wrong people during the startup process, your practice may suffer in the long run. Our dental consulting company will help you hire the right people right off the bat, who have the necessary skills and the perfect personality for your practice.
  • Front Office & Staff Training – Once you’ve hired your staff, it’s time to make sure they’re trained correctly. A properly trained staff can be a great investment in your practice. CTC National is able to help you train your staff in phone and reception desk techniques that will ensure that your patients feel comfortable and will be more likely to return.
  • Dental Office Setup – CTC National can help you order the equipment you will use in your office in order to run the most successful dental practice possible. From waiting room chairs to fax machines and dental equipment, you can rest assured that we’ll take care of everything!
  • Insurance Credentialing – We know that, as a busy dentist, the last thing you want to worry yourself with is dental insurance credentialing. Our dental consultants are able to set everything up for you, as well as to provide information on which insurance carriers you may want to accept, and which to avoid based on the services you offer.
  • Dental Website Design and Marketing – CTC National can help you guide you through the marketing process. Marketing is essential to the survival and growth of your dental practice. Our consultants understand your marketing needs and where you should invest marketing budgets to provide the best outcome. We also offer training courses to teach you and your staff simple tactics of marketing.
  • Goal Setting and Time Management – Lastly, we know that the best way to set the proper foundation for your dental practice is to set and achieve realistic goals and to learn how to best manage your time.

Services We Offer To Dentists Starting A Practice:

  • Market and demographic research
  • Business plan development
  • Finding an ideal location
  • Establishing a budget
  • Draft projections of production and expenses
  • Assistance in acquiring financing
  • Customized start-up timeline
  • Development of external and internal marketing plan
  • Employee manual and legal hire forms
  • Training/coaching for front office and office manager
  • Practice policies and procedures
  • Business management instruction including analysis of overhead, production, collections, marketing, etc.
  • Embezzlement prevention
  • Office and patient documents
  • Facilitate all outsourcing services for start-up
  • Oversight of entire start-up process
  • On-site front office, business and leadership training
  • Unlimited phone consulting for doctor and staff throughout entire start-up
  • Daily, monthly, quarterly, and yearly management checklist
  • Essential Marketing Foundation

Know The Advantages & Challenges Of Dental Practice Start-Ups

Before you begin the process of starting your own dental practice, it’s important to know the benefits and the challenges:

Advantages

  • Ability to choose exactly where you want to practice
  • Facility and equipment may be newer and nicer than in a practice for sale
  • Ability to hire and train staff to your liking, without inheriting any practice baggage
  • Higher career earnings potential than associate positions
  • Complete autonomy and control over practice and environment

Challenges

  • Highest risk level of all practice options
  • Initial lack of patient and cash flow
  • Possibly more expensive than purchasing an existing practice
  • Lower initial earnings
  • Untrained staff and lack of internal systems

If you’d like more information on the process of starting a dental practice, or to speak with one of our highly trained dental consultants, please contact CTC National!

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