As a dedicated coach for dentists aiming to maximize their business potential, let's delve into the concept of EBITDA and how it can transform your practice's financial performance. EBITDA, which stands for Earnings Before Interest, Taxes, Depreciation, and Amortization, is a fundamental metric that holds the key to understanding your practice's operational prowess. By distilling your financial data to focus solely on operational aspects, EBITDA provides a clear snapshot of your ability ...
In today's fast-paced and competitive work environment, retaining talented team members is a constant challenge for many dental offices. While attractive pay and benefits certainly play a role, there is a hidden gem that goes beyond material rewards. Believe it or not, the secret to keeping great team members lies in something much simpler and powerful: CARING about them. When employees feel valued and supported, they are motivated to go the extra mile and ...
Dear Dentists, Today, Coach Heidi Mount wants to dive deep into three fundamental aspects of human nature that influence our thoughts, actions, and emotions - Approval, Acceptance, and Appreciation. From the very first steps we took as children, we sought the approval, acceptance, and appreciation of our parents. Their excited reactions fueled our desire to repeat those small achievements and learn more about the world around us. As we grew older, this craving persisted, shaping our ...
Dear Dentists, As dental professionals, you understand the importance of maintaining oral health and delivering top-notch services to your patients. However, Coach Heidi Mount wants to ensure sustainable growth and success in today's competitive dental world, it is essential to have a clear understanding of your dental practice's internal strengths and weaknesses and the external opportunities and threats that lie ahead. One powerful tool to achieve this insight is the SWOT analysis - a ...
10-Day Action Plan to Increase Revenue in a Dental Office Many dentists come to Coach Heidi Mount to make more profit in their dental office. Maximizing revenue is crucial for the success and growth of a dental office. Dental business Coach Heidi Mount is sharing a 10-day action plan designed to help dental practices increase their revenue quickly and effectively. By implementing these strategies, dental offices can attract new patients, improve patient retention, and optimize ...
Being a dentist is a noble profession that requires skill, expertise, and dedication to providing the best possible care for patients' oral health. However, like any other profession, dentists are not immune to making mistakes. These mistakes can range from clinical errors to communication mishaps, all of which can have a significant impact on the practice and patient outcomes. In this blog, we will discuss the top five biggest mistakes dentists make and provide valuable ...
Running a successful dental practice involves not only providing exceptional patient care but also ensuring a profitable business. As a dentist, it's essential to find ways to increase revenue and maximize profitability while maintaining high standards of patient satisfaction. In this blog, we will explore effective strategies that can help dentists boost their profits and achieve long-term success in the field of dentistry. Optimize Appointment Scheduling: Efficient appointment scheduling is crucial for maximizing profitability ...
Many dentists start off by telling me they have A.D.D. and struggle with getting tasks done. Half my family has attention deficit disorder and I am one of them. We have big goals, and we are willing to work hard to get what we want. However, it can also be exhausting and overwhelming, right? Being a business owner is an exhilarating and demanding endeavor that requires juggling numerous responsibilities and staying focused on ...
In the fiercely competitive dental industry, converting potential patients into scheduled appointments is crucial for the growth and success of your practice. One of the primary touchpoints where this conversion takes place is during the initial phone call. Excelling in this area requires a combination of excellent communication skills, effective strategies, and a patient-centric approach. Let’s explore three powerful strategies to improve your new patient phone call conversion rate and boost your practices success ...
As a dentist, you possess exceptional clinical skills and a commitment to oral health. However, to truly excel in your profession, it is crucial to cultivate strong leadership abilities. Being an effective leader within your dental practice not only improves patient care and satisfaction but also boosts team morale, productivity, and overall success. In this blog, we will explore key principles and strategies to help you become a great leader in the field of dentistry ...
