Owning your own medical practice has several benefits if risk is not a concern. Whether it is a dental practice or a chiropractic practice in the San Francisco Bay Area, risk is necessary to have the reward of being your own boss. Opening your own dental practice is not for every dentist though. It takes hard work and the right business mindset to accept the responsibility of an entire practice and dental office. Let’s discuss the benefits of having your very own dental practice in the San Francisco Bay Area.
Complete Control
It should go without saying that owning your own business entails that you make all of the decisions regarding that business. In the dental world this can have a huge impact on the quality of the dentistry within the office. Your own ideas and your process can be put into place because there is no one higher than you to tell you otherwise. You would have the power to hire and fire, which means you no longer have to work with people you don’t like anymore. Most importantly, you can practice everything that made you love dentistry in the first place. Passion and hard work proves to have great reward.
Availability
Life is ever changing. Right out of dental school, getting a job with a big practice is most likely ideal. As life goes on though, your dream job becomes your 9-5 rat race. Especially with the financial demands of the San Francisco Bay Area. Having your own practice gives you the power to work your own hours. If you have kids, you won’t have to miss out on time with them because your “boss” needs you to work. You can hire other dentists to work the undesired hours if your practice needs to be open for longer hours. Vacations, family emergencies, or anything you need time off is guaranteed when owning your own dental practice.
Growth Potential
One of the biggest perks of owning your own dental practice has to be potential. Your own practice can be as small or as big as you want it if you have the correct marketing tools. Working for a different practice or big corporation keeps you on a leash. You might get some Yelp reviews related to you, but other than that, you will only be allowed to grow as much as your boss allows you to. Business freedom allows potential to exist.
With marketing help, you can gain clients, have multiple offices, or expand in any way imaginable. All of which is not possible when working for someone else.
Accomplishment
Of course there is the personal touch in having your own dental practice. Many people chase the sense of accomplishment or the fact that they proved certain people wrong. Owning your own
dental practice shows that not only are you a good dentist, but you are a good business owner. You are capable of going beyond your schooling and your point of expertise in order to have control over the entire operation. Very few people are capable of doing that, especially when there are no business lessons taught in dental school or any medical practice for that matter. That is what makes having your own dental practice so rewarding.
If these are benefits that you are interested in, but you don’t know where to start, contact Piedmont Avenue Consulting, Inc. for help. They have extensive experience in marketing and public relations that can help dentists at any level open their own practice or expand their current one.
Piedmont Avenue Consulting, Inc. is a San Francisco Bay Area based business development and marketing consulting firm who creates brand awareness, strengthens customer loyalty, and increases lead generation by leveraging new technologies and streamlining business processes. Clients who hire us as marketing experts and business consultants include new and established companies, restaurants, franchises, law firms, high-growth start-ups, retail specialty stores, professional services firms, individual entrepreneurs and other diverse organizations.
