Building a business in the healthcare sector is no easy task. Turning potential into a thriving, sustainable practice takes skill and experience. But, fear not, dentists! Help is here! ProABC’s Derek Leonard has the ultimate system to help you launch and grow your practice!
You might be a natural when it comes to delivering dental care but chances are your professional training didn't include any business training. The harsh realities of growing a successful practice mean that thousands of talented dentists struggle to sustain their business. Luckily, ProABC can help!
For the best step-by-step blueprint for building a booming dental practice, ProABC's Derek Leonard's 'Startup 101: Ignite Your Practice' is the perfect place to start your journey toward commercial success. More details at https://www.dentalstartupguy.com
The guide is suitable for dental practitioners at any stage of their careers, whether you're a recently qualified dentist hoping to launch a business or an established professional looking to increase revenue and expand your reach. Derek acknowledges the lack of training that dentists receive on the business side of professional practice and aims to rectify that with practical suggestions for practice growth.
The blueprint is based on Derek's proprietary S.P.E.E.D formula which helps you tackle key issues such as strategic planning, financial confidence, and clear exit strategies as well as identify your commercial and professional goals. The guide includes real-world examples and practical tools that you can implement into your practice.
The S.P.E.E.D formula begins with 'Securing The Funding' – practical tips for startups including loan procurement, accounting setup, and how you can develop projections, budgets, corporate structures, and organize insurance credentialing.
P is for 'Preparing The Blueprint'; this chapter explores real estate, construction, and project management considerations for aspiring practice managers and dental professionals.
E is for 'Enlisting Support'. Derek explains, “We’ll define our terms, explore HR staffing and training, and introduce the PEO (Professional Employer Organization). Efficient workflows and processes cover both administrative and clinical sides. We must establish, operate, and maintain systems, with continuous quality improvements to avoid falling behind and remain compliant.”
The S.P.E.E.D blueprint continues with guidelines for 'Executing Your Branding' including internal and external marketing, SEO, and pay-per-click. The final chapter looks at 'Developing Your Exit Strategy'. Whatever stage of your career you're at, from early days to almost at retirement, Derek can help you make the most of it.
Derek Leonard is a highly-respected business consultant for the healthcare sector. After securing a degree in financial accounting from the University of South Alabama, Derek turned his attention to practice management, initially consulting at the Orthodontics Center of America before forming ProABC in 2005.
For more info, and to arrange a direct consultation with Derek, go to https://www.dentalstartupguy.com
