economic uncertainty

Are You Battening Down Your Dental Practice’s Hatches?

Are You Battening Down Your Dental Practice’s Hatches?

There’s a storm coming for dentists like nothing you’ve ever seen before. Dentists who prepare will survive and some will even thrive. Those who don’t prepare risk the future of their livelihood. Those are strong statements that demand strong proof. The proof is already out there, but very few people have put the different elements…

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Dental Practices Are Beset from All Sides Play Now

Dental Practices Are Beset from All Sides

Having trouble watching this video? Click here. Patient Attraction Episode 1081 Sometimes, hostile forces can sneak up on your dental practice. That’s been going on for some time – three enormous forces are already impacting your collections, your new patient funnel, and your bottom line. Too many dentists still believe that their livelihoods won’t be…

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Some Not-So-Good News for Dentists

Some Not-So-Good News for Dentists

There’s probably not a practicing dentist in the U.S. who wasn’t impacted by the Great Recession. On average, practices took about a 7 percent hit to their collections. The impact was far greater for some dentists, many of whom were forced to delay their retirement and work much longer than they had anticipated. You might…

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Dentists Have Limited Time to Prepare for the Next Recession

Dentists Have Limited Time to Prepare for the Next Recession

Do a simple search for the terms “next recession,” and you’ll discover something both fascinating and alarming. The fascinating part is that virtually every financial pundit says the next recession is coming. The alarming part is that the predictions on when the recession will occur are all over the map – ranging from the next…

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Is Retirement a Fading Prospect for Dentists?

Is Retirement a Fading Prospect for Dentists?

Right now, the United States is enjoying a long period of economic growth. Weak, anemic growth by historical standards, but still growth. With that in mind, it might seem naive to ask whether dentists’ retirement prospects are threatened. But history teaches that every period of economic expansion is followed by a contraction. There’s no reason…

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When Your Dental Practice Won’t Fund Your Retirement Play Now

When Your Dental Practice Won’t Fund Your Retirement

Having trouble watching this video? Click here. Patient Attraction Episode 1066 If you’re a dentist who’s been in practice for many years, you’ve probably made some provision for your retirement. Many dentists include the sale value of their practices in their retirement plans. That doesn’t always work out, as many baby boomer dentists found out…

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When Your Dental Practice Won’t Fund Your Retirement Play Now

When Your Dental Practice Won’t Fund Your Retirement

When Your Dental Practice Won’t Fund Your Retirement Having trouble watching this video? Click here. Patient Attraction Episode 1066 If you’re a dentist who’s been in practice for many years, you’ve probably made some provision for your retirement. Many dentists include the sale value of their practices in their retirement plans. That doesn’t always work…

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Your Dental Practice Isn’t Prepared

Your Dental Practice Isn’t Prepared

If the Great Recession of 2009 taught us anything, it’s that dental practices aren’t immune from macroeconomic trends. Far from it, in fact. Dental practices have only begun to make up the lost revenue from people deferring and canceling appointments, or opting for less expensive solutions to their dental problems. There’s another recession coming, and…

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The Four Horsemen of Dentistry Are Coming for You

The Four Horsemen of Dentistry Are Coming for You

There’s a storm coming, and dental practices aren’t prepared for a tempest of this magnitude. Most dental practices will be caught flat-footed. If yours is one of the uninformed, unprepared practices, everything you’ve spent years building can be swept away. Fortunately, you have some advance warning thanks to my new, groundbreaking book. “The Four Horsemen…

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What Will the Next Recession Do To Your Dental Practice? Play Now

What Will the Next Recession Do To Your Dental Practice?

Having trouble watching this video? Click here. Patient Attraction Episode 1061 There are reasons to be concerned about the economy – particularly when it comes to the profession of dentistry. Now, you might think everything’s looking good for the economy, but here’s a not-so-fun fact: On average, economic recessions in the U.S. happen about every…

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