{"id":6540,"date":"2021-09-27T08:47:35","date_gmt":"2021-09-27T14:47:35","guid":{"rendered":"https:\/\/www.planetdds.com\/?p=6540"},"modified":"2021-09-27T08:47:35","modified_gmt":"2021-09-27T14:47:35","slug":"growing-your-private-dental-practice-into-multi-locations-top-tips-for-scaling-your-vision-and-strategy","status":"publish","type":"post","link":"https:\/\/www.planetdds.com\/blog\/growing-your-private-dental-practice-into-multi-locations-top-tips-for-scaling-your-vision-and-strategy\/","title":{"rendered":"Growing Your Private Dental Practice into Multi-Locations: Top Tips for Scaling Your Vision and Strategy"},"content":{"rendered":"<p><span data-contrast=\"none\">Vision, expertise, and hard work landed you where you are. From here it\u2019s about how you scale your vision if\u00a0you want to\u00a0grow your\u00a0private\u00a0dental practice into more locations.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">We use the term\u00a0<\/span><span data-contrast=\"none\">\u201c<\/span><span data-contrast=\"none\">vision\u201d because it\u2019s helped drive your current success. Now it\u2019s essential that you duplicate it going forward.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">And that\u2019s key to expanding your\u00a0business\u00a0beyond a single dental practice.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Your vision \u201csquared\u201d<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:640}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">Author Marshall Goldsmith once said, \u201cWhat got you here won\u2019t get you there.\u201d This applies as you think about scaling your solo dental practice into\u00a0multiple\u00a0locations.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">You should expect a world of difference between running one dental practice and a second or more practices. In fact, the challenges expand exponentially.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Your vision\u00a0will require\u00a0the capability to drive double\u00a0the production, team productivity, patient engagement, and more.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Don\u2019t lose sight of the dream that compelled you to enter the field of dentistry as you reevaluate the vision for sustained growth.\u00a0Accumulated success has likely opened your eyes to what\u2019s possible beyond your current location.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Confirm your motives for growth. Money\u00a0can be\u00a0a motivator but not to the exclusion of helping people improve and maintain their oral health.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:255,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"2\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Align your growth initiatives with your primary vision and motivations as a dental provider.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:113,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Question your vision<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:640}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">Self-awareness is\u00a0at the core of achieving success in any endeavor.\u00a0That\u2019s why it\u2019s important to test your vision with a few probing\u00a0question\u00a0to see how self-aware you are as you proceed to grow your practice.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Ask yourself the following questions to determine if you and your vision can bear the weight of expansion.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2><b><span data-contrast=\"none\">What are the financial risks associated with more than one dental practice?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">Your success to date can help\u00a0inform\u00a0your\u00a0investment potential.\u00a0You may\u00a0need to incur additional\u00a0debt\u00a0and this\u00a0can impact your revenue stream and available cash flow for\u00a0a period of time.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Other financial considerations include assessing your savings, the growth potential relative to the demographics of your next location,\u00a0<\/span><a href=\"https:\/\/www.planetdds.com\/blog\/5-dental-marketing-ideas-for-dentists-to-acquire-and-retain-patients\/\"><span data-contrast=\"none\">marketing and promotional strategies<\/span><\/a><span data-contrast=\"none\">, and staff additions.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2><b><span data-contrast=\"none\">How will you lead and manage another location?<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">You should determine how prepared and willing you are to divide your time.\u00a0Your time\u00a0margins\u00a0will fluctuate\u00a0depending on your workflows.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Be cautious about overextending yourself. Thin margins impact you but also your team\u00a0and your patients.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Count on\u00a0the need to up\u00a0your energy when bringing another practice into the mix. Your time investment will coincide with how you choose to manage the additional practice (team), who provides dentistry in addition to you (associates), and the processes you put in place (practice management systems).\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Your organizational vision<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:640}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">There are two core facets\u00a0to\u00a0how you organize your dental practice expansion from one to two or more\u00a0locations: building a team and\u00a0setting up operations.\u00a0Consider their application for each practice you launch.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"3\"><b><span data-contrast=\"none\">Recruit, train, and release your new team<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:440}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">You\u2019re not only\u00a0opening a new location,\u00a0you\u2019re\u00a0also building and launching a new team. The success of your\u00a0multi-location practice\u00a0relies on equipping\u00a0your new team\u00a0to carry your vision forward in a fresh location.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Close supervision will be required during your initial recruitment, training, and subsequent launch. Once\u00a0launched\u00a0and you have\u00a0a strong\u00a0management\u00a0team\u00a0in place you can expect to\u00a0delegate more and more.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Here are some tips on how to grow your new team:<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><a href=\"https:\/\/www.planetdds.com\/blog\/5-things-you-can-do-to-ride-out-the-hiring-crisis-in-dentistry\/\"><span data-contrast=\"none\">Hire<\/span><\/a><span data-contrast=\"none\">, compensate, and provide benefits to team members that motivates them to grasp and carry out your vision for dentistry.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:255,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Train team members to \u201cown\u201d the vision. Their aligned relationship with your vision will sustain them independent of your presence.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Build and implement systems around your new team that aligns with their unique skills and contribution to the new practice\u2019s culture and patient demographics.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"4\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Attract new team members according to the growth and production achieved by the new practice. \u201cHome-grown\u201d team members help maintain an HR loop for future expansion.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:113,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<h2 aria-level=\"3\"><b><span data-contrast=\"none\">Establishing operations at the new location<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335551550&quot;:1,&quot;335551620&quot;:1,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:440}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">Each dental practice is unique according to how it\u2019s staffed, resourced, organized, and managed. Common staffing decisions will include\u00a0dentists,\u00a0business\/front-office, dental assistants, and dental hygienists.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Start-up bandwidth and ongoing growth will dictate the scope of your operational flexibility. You will need to support your operations with billing, AR (Accounts Receivable), payroll, accounting, insurance coordination, HR, and marketing\/communications.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"1\" data-aria-level=\"1\"><span data-contrast=\"none\">Evaluate your operations and\/or task your practice manager\u00a0to keep\u00a0you\u00a0in the loop on organizational matters.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:255,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"2\" data-aria-level=\"1\"><span data-contrast=\"none\">Expand your team as functional capacity requires it. This helps\u00a0<\/span><a href=\"https:\/\/www.planetdds.com\/blog\/building-a-resilient-practice\/\"><span data-contrast=\"none\">prevent burnout<\/span><\/a><span data-contrast=\"none\">\u00a0and internal culture issues.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"3\" data-aria-level=\"1\"><span data-contrast=\"none\">Encourage team members who excel to take on more responsibility according to their skills and available energy. Keep them in your HR loop for future expansion opportunities.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<ul>\n<li data-leveltext=\"-\" data-font=\"Calibri\" data-listid=\"6\" aria-setsize=\"-1\" data-aria-posinset=\"4\" data-aria-level=\"1\"><span data-contrast=\"none\">Empower your team around evolving operational needs and challenges. Maintain culture consistencies in your new practice(s) such as\u00a0<\/span><a href=\"https:\/\/www.planetdds.com\/blog\/effective-morning-huddles-to-kickstart-your-day\/\"><span data-contrast=\"none\">morning huddles<\/span><\/a><span data-contrast=\"none\">,\u00a0continuing education, patient engagement, technology upgrades, etc.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:113,&quot;335559740&quot;:360}\">\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-contrast=\"none\">In essence, dentistry is a blend of clinical expertise and entrepreneurial savvy. Treat patients with a care-givers skill and mindset. And scale your dental practice\u2019s care capacity with vision and organizational integrity.\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">The following resources will help you do both:\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.planetdds.com\/blog\/entrepreneurial-mindset-thriving-dental-practice\/\"><span data-contrast=\"none\">Develop an Entrepreneurial Mindset and Create a Thriving Private Dental Practice<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.planetdds.com\/blog\/how-to-onboard-new-dental-practice-employees\/\"><span data-contrast=\"none\">How to Onboard New Dental Practice Employees<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.planetdds.com\/blog\/keep-the-operating-costs-of-your-private-dental-practice-healthy\/\"><span data-contrast=\"none\">Keep the Operating Costs of Your Private Dental Practice Healthy<\/span><\/a><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<h2 aria-level=\"2\"><b><span data-contrast=\"none\">Expand your dental enterprise with growth-oriented technology\u00a0<\/span><\/b><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:396,&quot;335559739&quot;:396,&quot;335559740&quot;:640}\">\u00a0<\/span><\/h2>\n<p><span data-contrast=\"none\">From contactless options to cloud-based solutions Planet DDS is a leading technology provider among emerging and sustained dental trends now and in the future.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><span data-contrast=\"none\">Planet DDS\u2019s Denticon is the proven cloud-based\u00a0<\/span><a href=\"https:\/\/www.planetdds.com\/solutions\/denticon\/advanced-security\/\"><span data-contrast=\"none\">Dental Practice Management Software<\/span><\/a><span data-contrast=\"none\">\u00a0in today\u2019s market among solo private practices, private group practices, and top DSOs.<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n<p><a href=\"https:\/\/www.planetdds.com\/contact-us\/\"><span data-contrast=\"none\">Contact us for more information<\/span><\/a><span data-contrast=\"none\">\u00a0about how Denticon can streamline your workflow systems and operational tasks that can help you build your practice and expand when the time is right!\u00a0<\/span><span data-ccp-props=\"{&quot;201341983&quot;:2,&quot;335559738&quot;:56,&quot;335559739&quot;:283,&quot;335559740&quot;:360}\">\u00a0<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Vision, expertise, and hard work landed you where you are. From here it\u2019s about how you scale your vision if\u00a0you want to\u00a0grow your\u00a0private\u00a0dental practice into more locations.\u00a0 We use the&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6541,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146],"tags":[66,13,790,178,143,382,672,181,45,132,89,135,791,230,386,198,553,199,792,793],"class_list":["post-6540","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-practice-management","tag-dental","tag-dentistry","tag-expand","tag-financial","tag-grow","tag-independent","tag-lead","tag-management","tag-multi-location","tag-operations","tag-practice","tag-private","tag-processes","tag-risk","tag-solo","tag-staff","tag-success","tag-team","tag-time","tag-vision"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts\/6540","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/comments?post=6540"}],"version-history":[{"count":0,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/posts\/6540\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/media\/6541"}],"wp:attachment":[{"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/media?parent=6540"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/categories?post=6540"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.planetdds.com\/wp-json\/wp\/v2\/tags?post=6540"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}