The JPPS 10% X 5 Strategy for Practice Growth
There are two fundamental ways for businesses to increase profits.
Reduce costs or increase sales.
Reducing costs can be implemented quickly so will have an immediate effect.
However, there will be a limit to how much cost-cutting you can perform before it starts to have a negative impact on the service you provide to your patients.
Increasing sales is a better approach, as this activates reliable and consistent growth of your business.
Increasing sales in your dental practice is more than simply setting a goal.
Formulating a growth-strategy will provide you and your team with the framework and tasks that will generate the increase in profits that you are aiming for.