Dental Business Plans
Straight to the Point!
What is a Dental Business Plan?
A road map for success and a document the dentist needs in order to obtain the most favorable loan.
How will a Dental Business Plan help me?
1. Save money by getting a more favorable rate at the lending institution
2. Save you time and accountant fees. It is something you have to do anyway.
3. A clearer vision of where your business is going.
What exactly do I get with the Dental Business Plan?
1. Dental business strategy development - what makes your practice unique and why will patients choose your practice over others
2. Marketing strategy - who are your patients and what will you do to attract them
3. Financial analysis - a detailed set of financials, costs and projections
4. Human resources plan - how do you plan to hire, train, motivate and maintain key staff members
How much dentist’s time does it take up?
This depends on how detailed the business plan needs to be. The dentist will need to make some deicisions throughout this process.
Cost of a Dental Business Plan
Starting as low as $750. Most are around $1500 mark.
Return on Investment
The Canadian dental business plan is meant as a road map for your business. It helps some dentists decide that they should continue to associate. Other dentists decide that the location or the marketing strategy they were going to implement was incorrect. The return on investment of not going forward with a wrong decision is difficult to measure.
By equipping dentists with a professional business plan and meeting with the banks on their behalf we have been able to help some Canadian dentists save up to $100K by getting more favorable lending terms.
Tell me more...
We know what TD, RBC, Scotia, BMO, CIBC and other lenders are looking for to ensure that you not only get approved but get the best possible rate. We prepare your marketing plan, financials, forecasts and help you save time and money. The business plans range from 12 to 140 pages.
The banks like our business plans, because they are authentic, accurate and detailed. The dentists like them because they provide a realistic picture of what to expect once they open their doors. The business plans have also helped some dentists realize that they are not ready to open their own practice.