Over the last eight years, Levin Group has taken on hundreds of clients whose practices were declining. This was caused by the game changers that have altered the dental market and our profession forever. There are three things dentists can learn if their practice is declining. These are:
- Take a breath and make sure you understand why decline is happening… before taking drastic action. Many dentists react far too quickly to declining production and make a move that actually hurts them rather than helping.
- Be careful about what you buy. When a practice is declining, dentists become open to buying anything that someone will sell them by claiming it will turn things around. Buyer beware.
- Look at your practice systems. The truth is that most practices have inadequate systems in terms of creating growth. When the systems are replaced with proven, documented systems that address the decline, the practice will begin to grow again.
For sound advice from Dr. Levin about adapting to changes in the dental economy, read his whitepaper, “Wherever You Are Today, You Won’t Be There Tomorrow.”
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