Startup, Growth, and Transitions
Importance of Planning
“If you fail to plan, you are planning to fail.”
– Benjamin Franklin
A good plan includes accurate and detailed goals, financials, demographic market reports, needs, and a strategy to allow you to make complex and successful business decisions in an ever-changing market. Dentistry is a business and every business needs a plan. Dental Strategic is here to help you understand the business and plan for success. We understand this is all part of the living document that makes up your Business Plan.
Think of the plan as your GPS that will help navigate through constantly changing information and conditions until the desired endpoint is reached. It gives you detailed instructions to get from the current location to the desired destination. When the current location changes, so will the steps for getting to that desired location.
Dental Strategic has specialized tools, resources, and access to the team of professionals that you need to make your dreams a reality. This is YOUR plan and it is not someone else’s, so we customize the plan based on YOUR GOALS. We help YOU identify YOUR goals and work with YOU to chart YOUR path. Regardless of the business stage you and your practice are in. We can help regardless of the business stage you and your practice are in. If you are a Scratch Start, Growing and Expanding, or planning for the Transition of ownership, Dental Strategic is here to help!
Creating a Business Plan
Creating a thorough Business Plan is an essential first step in the process of starting up or acquiring a dental practice. The Business Plan is not only an opportunity to highlight and address key concerns and considerations – It is an opportunity to display the viability of your practice to earn the funding needed for the practice to excel in its early stage.
The Dental Strategic team will discuss all key factors and goals with you to outline and create this Business Plan to distinguish your practice and secure the financing you are seeking.
To reserve a time with the Dental Strategic team to discuss the first steps, Click Here
- Establish your Executive Summary
- Outline your detailed goals
- Highlight your market potential and feasibility with real-time demographic reports
- Detail the description of your company
- Create the framework of your organization and management structure
- Detail your marketing and sales plan strategies
- Support your plan with financial projections
- Request funding
What does a business plan do for you?
The plan will help focus on steps necessary for success, both in the short and long term. It also provides a written record to go back to in order to:
Establish Milestones
Clearly State Your Intentions & Strategy
(Mission, Vision, Sales, Strategy, Staffing)
Position Your Logo & Brand
Acquiring The Right Loan
Update What Doesn't Work
(Sales Strategy, HR)
Forecast Revenues, Growth, & Staffing Needs
Record Events That Changed Your Market And Strategy
Identify Your Ideal Patient And How To Reach Them
(Marketing Approach)
Uncover New Opportunities
Understand Your Competition
(Market Demographics)