Menu
MENU

How Resilient Is Your Dental Practice?

The failure rate of dental practices in the U.S. is very low – around 2%. But the odds are fairly good that quite a few of those dentists in the 2% didn’t see the end coming soon enough. That “sudden stop” is something that dentists should make every effort to avoid, and the best way to do that is to build resilience into your dental practice. The time to begin those efforts is now, because there are some indicators on the horizon that you can’t afford to ignore. On The Horizon There are four enormous forces that have the potential to sweep away everything you’ve worked ...

Read More
Are You Battening Down Your Dental Practice’s Hatches?
Are You Battening Down Your Dental Practice’s Hatches?

There’s a storm coming for dentists like nothing you’ve ever seen before. Dentists who prepare will survive and some will even thrive. Those who don’t prepare risk the future of their livelihood. Those are strong statements that demand strong proof. The proof is already out there, but very few people have put the different elements together to have a clear understanding of the dangers. The are four major economic forces that are already impacting dentistry to a considerable extent. When those forces merge, and they will, only the best-prepared dental practices will weather the ...

Read More
Some Not-So-Good News for Dentists

There’s probably not a practicing dentist in the U.S. who wasn’t impacted by the Great Recession. On average, practices took about a 7 percent hit to their collections. The impact was far greater for some dentists, many of whom were forced to delay their retirement and work much longer than they had anticipated. You might think that another recession of that magnitude couldn’t happen again any time soon. You’d be wrong, and you need to be prepared before it happens. When the subprime mortgage market collapsed, it took the economy with it. A sharp increase in the unemployment ...

Read More
Dentists Have Limited Time to Prepare for the Next Recession

Do a simple search for the terms “next recession,” and you’ll discover something both fascinating and alarming. The fascinating part is that virtually every financial pundit says the next recession is coming. The alarming part is that the predictions on when the recession will occur are all over the map – ranging from the next six months to two to three years. Just as widespread are the predictions about the severity of the next recession, ranging from mild to worse than the Great Recession of 2008. In other words, something bad is coming but you don’t know when or how bad it ...

Read More
Your Dental Practice Isn’t Prepared

If the Great Recession of 2009 taught us anything, it’s that dental practices aren’t immune from macroeconomic trends. Far from it, in fact. Dental practices have only begun to make up the lost revenue from people deferring and canceling appointments, or opting for less expensive solutions to their dental problems. There’s another recession coming, and this time it won’t be alone. Your practice almost certainly isn’t ready, and if it’s going to survive you need to take action now. Economic uncertainty leading to another recession is one of four forces that can erase ...

Read More
The Four Horsemen of Dentistry Are Coming for You

There’s a storm coming, and dental practices aren’t prepared for a tempest of this magnitude. Most dental practices will be caught flat-footed. If yours is one of the uninformed, unprepared practices, everything you’ve spent years building can be swept away. Fortunately, you have some advance warning thanks to my new, groundbreaking book. “The Four Horsemen of Dentistry: Survival Strategies for the Dental Practice Under Siege” is available now at www.practiceundersiege.com! Your practice might have weathered the Great Recession of 2009 in decent shape. If so, ...

Read More
There’s A Storm Coming

When you see dark clouds gathering on the horizon, you generally figure there will be a storm soon. And you know that you’d better seek shelter. Four massive dark clouds have been gathering for some time on the dental industry’s horizon. Too few dentists have noticed, and that leaves them vulnerable to the coming tempest. This is no ordinary storm, and the things have have sheltered dentists from storms past won’t be enough this time. The Very Future of Your Practice is at Risk The Great Recession of 2009 caught almost everyone unprepared. Dentists’ incomes took a hit as ...

Read More

READY TO THRIVE?

If you’re ready to begin getting the only result that matters from your marketing - more and better patients in your chairs - get started today and schedule your Practice Discovery Session™. They’re free to serious dentists who want to see a Patient Attraction System™ that can double or even triple their practice.