It’s 2023, and people everywhere are predicting a recession that might be as bad as the last one. We know the market is shifting every single day, and sooner or later, it will veer in a way that’s unfavorable to business owners everywhere, not just in the US, but in the whole world.
This means that as dentists and business owners, we need to learn how to navigate this economic uncertainty so we don’t get caught in the middle of it with no survival plans.
Lucky for you, you’ve already taken the first step: You recognized that our economic climate is changing daily and you know there are things you can do to deal with this and make sure your dental clinic comes out of this unscathed.
The question that remains now is simple: How?
To answer it, I’ve invited an expert on this week’s episode of The Raving Patients Podcast, the brilliant Lana Rivera.
A consultant with over twenty years of experience in the dental field, Lana has been able to not only navigate practices through economic twists and turns successfully, but has also created thriving environments with record-breaking numbers that have enabled doctors and staff to avoid burnout while finding the joy in dentistry again.
Today, she and I will be discussing ways to improve practice systems, the importance of maintaining a productive schedule, and how to create predictability within your practice during our ever-changing economic climate.
Are you ready?
Let’s dive in.
Key Takeaways:
Introduction (00:00)
Meet Lana (02:01)
Making the jump from management to consultancy (03:52)
Building a recession-proof practice (06:58)
How to handle third-party financing (11:04)
Discussing finances with patients: Yay or nay? (13:53)
Productive scheduling (16:38)
Let’s talk about staff shortages (18:19)
How Lana helps practices (25:32)
Quick Q&A (26:11)
Additional Resources:
Are you ready to take your dental business to the next level? Register for my live event today at: https://superchargeyourdentalpractice.com/
*** Use the promo code "RAVING" to get $100 off!
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This podcast is sponsored by Dental Intelligence. Learn more at: https://www.dentalintel.com/
This podcast is sponsored by The Doc Sites, the leading provider of websites and online marketing for dentists. Find out more at: https://www.docsites.com/
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