According to statistics from the American Dental Association, 3 out of 4 dentists operate their own private practices. If you are planning on owning your own practice and want to be successful, it is imperative that you not only have great clinical skills but also fundamental business skills.
Starting a new practice can be an overwhelming process. You will be making decisions such as location, hiring personnel, securing financing, etc. You will need to hire staff, set policies, choose software, determine budgets, and create strategic operational, business and marketing plans.
These lessons contain 10 steps that might improve your chances for the launch of your own practice and for a very successful and rewarding career in dentistry.
Options following graduation will be discussed in You Graduated from Dental School – Now What? You will also get introduced to the 10 Steps for Launching a Successful Dental Practice.
Steps 1, 2, 3 and 4 of the 10 Steps include Step 1 - Mentors, Step 2 – Advisors, Step 3 – Location, and Step 4 – Buy or Start a Practice.
Steps 5, 6, and 7 of the 10 Steps include Step 5 – Business Principles, Step 6 – Credit, and Step 7 – Goals and Budgets.
Step 8 of the 10 Steps includes Step 8 – Planning (Business Plans).LESSON 1:
Steps 9 and 10 of the 10 Steps include Step 9 – Financing and Step 10 – Supplemental Income.
- To learn how traditionally accepted business principles, as applied to dentistry, will better equip the dentist for a successful career.
- To teach the dentist how to develop routines and interpret business information for improving the practice’s business outcomes.
- To show how to understand the business aspects of a practice so that the dentist will have the income needed to support the practice’s overhead and owner’s compensation, and ultimately, to have the financial resources available to provide the best available care for patients.
Teaching methods to be used:
Self-instructional & electronically mediated (online education)
Enterprise Dentist.Business Inc. (another legal name is Dentist.Business)
Olga Babina, Manager, Administration, Operations, Educational Programs; firstname.lastname@example.org
Dr. Pavlik graduated from the University of Pittsburgh School of Dental Medicine. As a dental practitioner and business professional with more than 40 years’ experience, he has “walked the walk” and understands the daily and long-term responsibilities involved in running a dental practice.
He established his distinctive practice management programs to help other dentists achieve financial success. Dr. Pavlik has consulted with practices from 2 - 600 employees.
Refund and cancellation policies:
If you would like to withdraw from a course, please submit a written notice at least three business days before the course begins to be eligible for a full refund of the chosen courses, excluding a $50 administration fee. No refund will be made for cancellations received later than three business days before the course begins.
Anytime, as per subscription
Time and period of availability for internet-based courses:
Original release date:
User must have a modern browser and Internet connection. Online education platform is compatible with any standards compliant modern web browser:
- Desktop (Chrome, Firefox, Safari (8 or higher), Edge, Internet Explorer (11 or higher))
- Mobile (Mobile Safari, Google Chrome)