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The Importance Of Location When Acquiring A Dental Practice

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Dental Practice Start-UpWhether you’re building a dental practice from scratch, purchasing a practice, or considering adding a second location, you need to be aware of how important the location is to your success. We suggest receiving a demographic report on the areas you’re considering in order to help you make a decision. Just this little bit of research can help to avoid future troubles.

Many dentists underestimate how important the location of their practice really is. Even if a practice has the friendliest staff, most competent dentist, and up-to-date equipment, it can still suffer if it’s not in a great location. This is why demographic research is vital to your decision.

How Demographic Reports Can Help

Your demographic report will include the income levels, ages, professions, and even hobbies of the each area you’re considering. In addition to receiving a demographic report, it’s also a good idea to have a dental consultant who can help you interpret the results and what they might mean for your dental practice.

If you’re considering purchasing, building, or expanding a dental practice, it’s vital to have a trusted network of professionals helping you. These professionals should include an accountant, a real estate agent, a contractor, an attorney, and a skilled dental consultant.

For more information on demographic research or for assistance with your insurance credentialing, please don’t hesitate to call Dental Insurance Credentialing today. We can help dentists from all around the country!

Posted on Jun 29, 2017

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Technology has made it much simpler to stay in contact with your patients. From traditional communication methods like…
In light of the nation’s current situation, there’s no time like the present to prepare for a recession. With COVID-19…
If you’re having trouble with finances, you’re not the only one. As recently as 2014, it was discovered that dental…

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