- The reality of the 2008 recession is that 75% of the practices that declined, did not recover.
- They had a five to eight year recovery; they only recovered at one to 2% a year.
- The biggest risk that most practices face right now is not how did they or are they weathering the current storm that we're in?
- It's how are they going to recover and maximize?
- If you're okay, having the next five to eight years rhyme with what happened in the 2008 recession, then by all means, keep doing things the way you've done them.
- The math is, the reality of the situation is, if you've endured a low time or a close time, you need to have an increase over the next four to six months in order to make the same money this year as you did last year.
- And if you were shut down for a few months, and you can have a 20% increase over four to six months, you can make the same money this year, as you did last year, but those situations don't happen automatically.
- You've got to go figure it out and work at it so that you're not the guy five to eight years from now that is still part of the 75% of all the dentists in the United States that are still in a recession while everybody else has come out of it.
Created by Smartbox
SmartBox employs the best minds in dentistry to help you grow your practice. Our Practice Growth System™ is proven to help dentists in every market area across the country achieve predictable year-over-year growth.
"Running your practice by yourself can feel overwhelming. With our help, you can increase the quality and quantity of your new patients, which will allow you to get back to enjoying life."