“WINTER’S COMING” - Practice Perfect Systems

Is this what the economic future looks like? Cold and full of danger?

GOT fans know the line: “Winter’s coming.” Bad news, it’s here.

It might not be a Nuclear Winter but 8% inflation and $5 gas are just the beginning of the upcoming pain.

No one can predict the future, but you can prepare. And it’s already late. Even the government is now predicting prolonged inflation. Of course they’re blaming it on Putin, but that’s another story. It’s here and YOU have to do something.

There are 3 immediate risks for dental practices.

1. Patients will focus on the money and “insurance” as a way to pay for care.

2. Current patients will delay needed care.

3. Your team will feel the pinch and seek more money, further raising your costs of doing business.

It’s a perfect storm of negative pressures. Dealing with these significant challenges will determine if your practice suffers2008-like pain or withstands the onslaught.

Here are 3 tactics to use.

1. Up your team’s phone skills

2. Educate, communicate, educate, communicate.

3. Meet with your team and discuss how each can contribute to cost control and increase productivity.

There are many other strategies and tactics to use. These are things we speak of regularly in Coffee With The Coach. While the price of coffee also rises, see how you too can rise with the incoming tide.

1970,s, 1980’s, 2001-3 and 2008-10 have each inflicted pain and taught lessons. Dentistry suffered during each but probably none more than the 2008-10 period, when “elective” dentistry and hygiene recalls suffered.

Because dentistry is a Team sport, Coffee With The Coach Is aimed as a resource for the entire team. All resources are downloadable and can be used for training purposes.

Having a team of consultants come to your office can cost tens of thousands. This program is an opportunity to do something for your practice, your team and your patients.

Michael