ed rogers's Posts (11)

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Many established dentists have sufficient cash flow to make payroll and miscellaneous weekly and monthly operating expenses and the appropriate insurance costs.

If  you are thinking about expanding your dental practice or have one but it's not profitable, this article may help you to increase your cash flow through Small Business Loans Depot's dental practice loans programs which will help give you great suggestions to help  you have a successful dental practice. 

We have compiled marketing and financial bank statement loan, bridge capital and cash flow loan program info from all our past dental practice clients and hopefully you can use the info to help with your dental practice.

Overhead and cash flow are two most important factors that will determine whether you have a successful dental practice that is expanding and growing. Ideally you will want to negotiate your building and operation costs which will help you increase the amount of growth you have..

Unfortunately 90% of small businesses fail during the first five years. Taking proper precautions along with watching and managing your cash flow can help you avoid this.

Most of the practices fail because of improper planning.  Understand that you won't know every situation that will arise you can at least know by consulting with others who are in the business beforehand on what to do and what not to do. 

Ideally you have to have enough revenue coming in each month to continue to replenish your inventory and keep equipment updated.  If you have a slow period then you may want to consider getting working capital from an alternative funding source through a dental practice loan.

I've found if you contact another dentist that runs a similar practice that is located in another part of the country, there is a good chance you can connect with a dentist who is willing to help you with info if you explain you would like to talk briefly with them.  Ideally if you contact your college alumni department you should be able to be connected with a dentist you can consult with. 


Many dentists would be more than happy to share their ideas of how they started and what they did that worked and what didn't work.  This information is priceless.

The largest expense in overhead is rent but you have to aware of other expenses such as taxes and insurance, most don’t, find out what those expenses are. Besides insurance on the building, you need insurance on your inventory, in case of fire or a major theft.

 

Then there is electricity, gas, phone, internet, and advertising. Another major expense can be employees, even part time. Not only their salary, but the payroll taxes that have to be paid unless you hire them as self employed 1099 workers but you have to be careful because if you are audited by the IRS you could end up losing your business if you structure this improperly.

Once you know what these expenses are, then you can figure out how much you need to bring in financially in order to make a profit.

Luckily there are alternative funding sources such as Small Business Loans Depot that offers bank statement loan programs and working capital loan programs that allow antique business owners to receive the working needed to add staff or purchase equipment to keep your cash flow going which will allow proper operation of your antique business.

As I noted earlier many businesses fail due to lack of capital  Ed Rogers at Small Business Loans Depot has past experience to help you find the correct loan program to help you with your cash flow needs.

Contact today for a simple 1 page application that is hassle free and there are programs available with 500 credit score.  Ideally you will need at least 4 months in business and 3 months of verifiable revenue. 

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If you own an a dental equipment business it is ideal to realize that many factors go into the operation that can help to expand your client base.   Many dental equipment businesses rely on dentists that need additional equipment for their clients but that isn't the only optimal way to bring in new clients.
Small Business Loans Depot, works with many types of businesses that are seeking additional bank statement loans to use for many purposes including increasing the client base including dental equipment businesses.
Dental Equipment businesses are one of the many types of businesses that come to us seeking cash flow increases as they look to increase their client base and expand their office staff and operations.  If you are operating a local dental equipment business, it is important to connect with local businesses and associations and with dentists and dental labs in your area who are looking to find dental  equipment in a professional and timely manner.
Dental equipment businesses rely on their local neighbors to come to them to keep their client base stable. 
Their reputation of the dental equipment business is based on how dentists feel about the equipment they buy from the vendor..   As it is with most equipment businesses if you sell good re, the word gets out and more people contact you looking to do more business.
When marketing your dental equipment business you will want to reach as many dental practice labs and dentists.  If you have a good reputation, it will keep you at the top of mind when the dentist is looking to expand the number of referred clients that need to purchase dental equipment.
As a dental equipment sales business you can expand your book of business by working with an expansion of business or hire outside brokers as sales people to find new accounts or dentists that need additional equipment. 
This may be expensive but with the proper cash flow and working capital it can be accomplished. Small Business Loans Depot offers many working capital programs to help dental equipment business owners to do the things necessary to bring in additional cash flow.
 
Once your receive your money from Small Business Loans Depot's various loan programs you may want to hire additional staff or have an open house which can help you showcase your dental equipment for all of your potential dentists to see in person.
Of course once you receive your working capital loan you may want to hire an SEO marketing expert to implement new ideas such as taking photos of your operation and customers in action and post them on your website, blog and social networks as further promotion for your business.  This along with other ideas along with possibly creating or improving your current website to help bring in more clients. 
When a dental equipment business is looking to increase their parts inventory they will definitely need to if they have marketed your services properly. For a dentist it is important to have equipment on hand and to be able to replace at a moment's notice.
A good way to widen your base of contacts is to form a partnership with local dental associations and dentists which will increase your book of  business.
Also to bring in additional cash flow to help you produce a television commercial can be costly for a small business, but equipped with a digital camera with recording capabilities, a tripod and your staff, you can create a 60-second commercial for your dental equipment business which may be posted online as compared to a TV network which could be very cost effective.
Ideally hiring a marketing person with the additional cash flow to work and implement these programs is possible after discussing our programs from Small Business Loans Depot with Ed Rogers. 
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Dentists are constantly looking to expand their practices and at the same time increase client base.  In order to expand, you must increase the amount of cash flow you are bringing in otherwise your expenses will outpace the amount of cash flow coming in.  As long as this occurs you will not be able to sustain your business over time.

An ideal way to increase cash flow while growing your client base is to seek additional working capital to use for many purposes.  The main fact though is that you must sustain or increase your client base to keep a your practice viable. 

Since you operate a practice that deals with the public, you must realize you are offering offer a service that isn't on the top of mind of many individuals until the need arises.

Unfortunately, if your info is not handy the person in need of emergency dental care may go immediately to the internet and contact the 1st dentist that appears in their local listing.

The primary focus of the dentist is to keep your practice at the top of mind for individuals to help them contact you when the need arises.

The best way to accomplish this is to market the business effectively, which can be costly in many cases.

At Small Business Loans Depot we are contacted by many dentists who come to us inquiring about the various types of cash flow increases for additional working capital for their dental practices.

As a local dentist, it is very important to connect with local residents and fellow business owners in your community to steadily increase your client base. 

As I stated earlier many individuals do not even think about their teeth door until a problem arises or their mouth is in pain.

Local residents in your community rely on dentists to be available to take care of them, especially in emergency situations.   Even if they are not coming in for regular visits and checkups, when an emergency arises, the need must be met.

There are many ways to market your dental practice to the public which in the long run can bring in a steady supply of new clients to your business.

Ideally if you want to implement new marketing plans to your practice it will cost money.  If your cash flow is not on the upswing, Small Business Loans Depot has many working capital loan and bank statement loan programs that are designed to help cash flow.

As long as you have  have at least 4 months in business and 3 months of verifiable revenue you may be eligible for one of our loan programs and the money may be used for any purpose including marketing. 

Once your receive your working capital from Small Business Loans Depot's various loan programs you may want to hire additional staff or begin to offer tours of your dental practice or an open house to show off your office to make potential clients comfortable about coming to your practice. This will that will improve the overall value of the reputation of your practice in the community. 

As I stated earlier many individuals don't think about maintaining their teeth until there is a problem which needs to be addressed. 

With the working capital received you may hire an SEO or marketing expert which can assist you in putting together neighborhood promotions that can help you get the word out on your practice.

Also you can take advantage of other media such as local billboards, tv or radio ads that will make the public aware of your practice which will place your business in the minds of individuals in your community.

Once you receive your working capital loan you can then place a certain amount for additional staff and also put together an advertising budget which will get the word out to people and then bring in additional new clients to help increase your cash flow for the entire year to help you continue to market to bring in new clients. 

A good way to widen your base of contacts is to form a partnership with local doctors and chiropractors who have a wide base of customers they deal with and can refer your services. In return you can do the same for them.  

You may want to hire a marketing expert with your additional cash flow to help you produce a television commercial can be costly for a small business, but equipped with a digital camera with recording capabilities, a tripod and with the help of your staff, you can create a 60-second commercial which is a great way to showcase your practice and show the local residents what services and products you have to offer.

Ed Rogers of Small Business Loans Depot has many years of consulting experience and can help you find the additional clients you are seeking. 

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If you are thinking about opening a dental practice or have one but it's not profitable, this article may help you to increase your cash flow through Small Business Loans Depot's dental practice loans programs which will help give you great suggestions to help  you have a successful dental practice. 

We have compiled marketing and financial bank statement loan, bridge capital and cash flow loan program info from all our past dental practice clients and hopefully you can use the info to help with your dental practice.

Overhead and cash flow are two most important factors that will determine whether you have a successful dental practice. Ideally you will want to negotiate your building and operation costs which will help you once you begin your practice.

Unfortunately 90% of small businesses fail during the first five years. Taking proper precautions along with watching and managing your cash flow can help you avoid this.

Most of the practices fail because of improper planning.  Understand that you won't know every situation that will arise you can at least know by consulting with others who are in the business beforehand on what to do and what not to do. 


I've found if you contact another dentist that runs a similar practice that is located in another part of the country, there is a good chance you can connect with a dentist who is willing to help you with info if you explain you would like to talk briefly with them.  Ideally if you contact your college alumni department you should be able to be connected with a dentist you can consult with. 


Many dentist would be more than happy to share their ideas of how they started and what they did that worked and what didn't work.  This information is priceless.

The largest expense in overhead is rent but you have to aware of other expenses such as taxes and insurance, most don’t, find out what those expenses are. Besides insurance on the building, you need insurance on your inventory, in case of fire or a major theft.

 

Then there is electricity, gas, phone, internet, and advertising. Another major expense can be employees, even part time. Not only their salary, but the payroll taxes that have to be paid unless you hire them as self employed 1099 workers but you have to be careful because if you are audited by the IRS you could end up losing your business if you structure this improperly.

Once you know what these expenses are, then you can figure out how much you need to bring in financially in order to make a profit.

Ideally you have to have enough revenue coming in each month to continue to replenish your inventory and keep equipment updated.  If you have a slow period then you may want to consider getting working capital from an alternative funding source through a dental practice loan.

Luckily there are alternative funding sources such as Small Business Loans Depot that offers bank statement loan programs and working capital loan programs that allow antique business owners to receive the working needed to add staff or purchase equipment to keep your cash flow going which will allow proper operation of your antique business.

As I noted earlier many businesses fail due to lack of capital  Ed Rogers at Small Business Loans Depot has past experience to help you find the correct loan program to help you with your cash flow needs.

Contact today for a simple 1 page application that is hassle free and there are programs available with 500 credit score.  Ideally you will need at least 4 months in business and 3 months of verifiable revenue. 

Read more…

All dentists that own their business are constantly looking for ways to bring in new patients.

If you are considering dental practice marketing the very 1st thing you must do is to come up with is a good plan. Otherwise you will spend time and money and basically end up with the same amount of business you currently have and you may find yourself in a hole revenue wise.

To begin, you have to know what your marketing budget will be and then put together a 12 month plan of attack to make your goals happen.

With proper SEO and marketing the internet can be your highway to a prosperous and successful business which will allow you to focus on giving your patients the best of care which I'm sure is your primary goal.

However if cash flow is not what you want it to be, then it can sometimes be a hindrance in allowing you to focus on the skill side of your practice as compared to the business side.

To start, if you own a practice you have to place well in Google especially in your local area.  Even if you don't have a website you have to be aware there are customer review pages for all types of businesses including dentistry which is the 1st thing a potential customer will research before deciding to use your services.  

If you have a disgruntled patient that you were not aware of and they posted online why they were so upset about your services and voice it online, this could cost you many future client who will avoid your practice based on the poor reviews.

If you have a website you have to be able to be found on Google, listed under the many keywords for Dentistry.

If you currently do not have a website then your competitors will receive every individual who searches for a dentist in your area. Ideally you will want to be listed on page 1 of your keyword category, especially if it is a Google search.  If your website currently is not listed on page 1, you will need to hire an SEO expert to help you.  Of course there are costs involved in hiring an SEO expert, but it is a wise investment.  Otherwise, you will need to read up and learn how to perform SEO yourself which can be a very time consuming process.  Time is something that dentists rarely have enough of to take on a new project like SEO but there are some dentists who are just starting out and have the time to focus on this.

One low tech inexpensive way to get the word out on your practice is to invest in new business cards. Be sure to have a pen handy and ask to person their 1st name and write a brief personal not on the back with their name and write you are looking forward to seeing them for a free consultation.   

Another method to bring in new patients which is very simple is to take the time to visit the local supermarkets in your area and as you walk the aisles shopping, stop say hello to everyone you see and let them know your dental services are nearby and you would love for them to stop in for a free consultation. 

You would be surprised by the fact that people love one on one interaction especially if you happen to connect with them personally. 

Ideally hiring a full time SEO marketing person would help you gain new business through videoblogging, Twitter, Facebook and many other new ways to reach local clients online. However, this will cost money.  If you have cash flow issues but feel SEO marketing would benefit your business you may want to consider inquiring about alternative funding for additional working capital.

Throughout the United States, there are alternative funding sources such as Small Business Loans Depot that offer dental practice loans and working capital loan programs that allow dental practices to receive the working capital needed to add staff or purchase equipment to keep your cash flow going which will allow proper operation of your practice and allow you have the additional working capital to hire an SEO expert which will bring in new clients and increase revenue in the long run.
Ed Rogers at Small Business Loans Depot has past experience to help you find the correct loan program to help you with your cash flow needs and allow you to hire an SEO expert to help you with your dental practice marketing.
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To apply for this type of program, there is a simple 1 page application that is hassle free and there are programs available with 500 credit score.  Ideally you will need at least 4 months in business and 3 months of verifiable revenue.

In a short period of time you will be able to have the funding to hire an SEO marketing expert and as a result more than likely in time you will definitely see an increase in new patients.  The key is to make those new clients regular customers and you will have a long and successful, prosperous dental practice giving your community the needed asset of your dental skills. 
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Marketing Your Dental Practice Through Billboards.

Billboards On High Traffic Roads In The Area of Your Practice Will Help To Bring In New Clients.

Newly opened and established dental practices are always looking for ways to bring in new clients.

Successful marketing of a practice consists of placing billboard ads in strategic high traffic areas should increase the success of bringing in customers that are seeking a dentist.

A great way to bring in new clients who live and work near your practice is through billboard advertising.

Billboards located along high traffic areas are a great way to increase your client base and get the word out to the public letting them know the name of your practice and all the info you want to relay about your business.

Most people travel the same route everyday and ideally you want to get the word out about your business as they pass by the billboard in their vehicles. There is a very good chance that if they need of what you have to offer, they will give your business at least one opportunity to gain their business.

To start the process of marketing through billboards you will need to drive the area where you want to gain clients.

Once an ideal location for the billboard is found, look along the top or bottom rail of the billboard. The name of the company will be prominently displayed here. Once the billboard company name is found to online and Google the company. Be sure to include your state. This will bring up the nearest office that is located nearest to you.

The next step is to call the company to let them know you are considering running a billboard ad in your area.

A sales rep will set an appointment to visit your office. This will begin the process of starting your billboard marketing ad campaign..

Ideally it is a good idea to check to see if there is more than 1 billboard company in your area.

It is best to shop around and compare rates to receive the best rate. It's acceptable to let the competitor know the pricing the other company has quoted you. This may help you to get a lower rate on your billboard ad.

Usually a billboard contract will allow your billboard to run and be on display anywhere from 30 to 60 days in one location and then move to another location in the area you choose for another 30 to 60 days, Six months is the average contract period. .

The advantage of using a billboard for marketing is the fact you have quite a bit of space which allow you to use your creativity.

It's possible to use a big white smile or use a humorous phrase to gain attention and new clients at the same time.

Eventually over time people become familiar with the billboard and when the time comes and the need for a dentist arises, the odds are very good you may get a call from a potential client.

Always ask a new client to find out how they heard about your business.

Once they let you know they saw your ad on the billboard you will know whether to reinvest your money in another billboard campaign once your contract expires. .

Billboard costs depend on where the board is located. If the area has a high traffic volume the price will be higher to rent the billboard.

The advantage of having a billboard is the fact it is a salesperson that is out working for you to get the name of your practice out 24 hours, 7 days a week.

For some new practices that have cash flow issues the cost of running a billboard ad may not be possible.

The fact that marketing a business will lead to more cash flow puts the dentist in a catch-22 situation. A practice needs additional cash flow to survive but when the cash flow is not coming in it puts the dentist in a difficult situation because he has to then choose whether to continue marketing the business or find other ways to increase cash flow. .

If the practice is less than 3 years old it will be difficult to procure a bank loan for marketing.

Many banks only will lend to established businesses that have at least 2-3 years of credit history.

There is a way for dentists to gain the funds that will allow them to begin a billboard marketing campaign.

Dental Practice Loans are available for dentists that are looking for additional cash flow.

As long as the practice has been in business at least 6 months they are eligible to receive funding through a dental practice loan.

The process is quick and hassle free and the funds may be used for any purpose including marketing the business through billboards.

Once the process is complete and the dentist receives the funding, the exciting process of marketing the practice through billboard advertising can begin.

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Word of mouth advertising has always been the best most inexpensive source of new clients for dental practices.

Over the past decade, marketing mediums have changed and expanded, especially mediums such as Yellow Pages and daily newspapers have taken on a diminished role in terms of the audience that can be reached through advertising.

This is due to the fact that these types of marketing avenues are not as important in reaching audiences as they once were due to the rise of the internet.

Television, radio, magazine and billboard are still very effective in reaching audiences as they did years ago without much change. What ties all these types of marketing medium together is the fact that they all can be very expensive and take a large portion of money out of the financial budget at some point in order to bring in new clients.

The main purpose of marketing is to effectively communicate and reach your local community where your business is located. There are many ways to do this, but one method that has not changed throughout the years is word of mouth advertising.

In order to achieve a good word of mouth advertising campaign for your chiropractic practice, you have something interesting about it that can relayed to a potential new client. By connecting with your community you can really show how special your dental practice is by the fact that you are doing all possible to help your local community.

It doesn't matter if you have bought state of the art equipment or have a beautiful waiting room if your competitor is doing something that connects with the community.

If your competitors are doing something that stands out in the community and drawing interest you will never get an opportunity to show off your gorgeous new waiting room.

You have to ask your current patients why they enjoy coming to your practice. This information is key to knowing how to bring in other patients who may enjoy the same things.


Social media such as Twitter and Facebook allow you to immediately reach your local community and have interaction with potential new clients while communicating with your current clients.

Many new clients are found simply through making your current clients aware of your social media website and allowing them to pass the word onto their friends and relatives online by sending them the link to your chiropractic website, Facebook or Twitter page.

The cost of social media is non existent. Basically all you need is a computer and access to the internet which is something you already have as a business that is currently in operation.

You may want to employ an expert in the field of social media, however it is possible to have a successful social network online without one.

Surprisingly if you have teenagers, they may be a resource to the best way to reach your audience online.

There are dentists who allow 16 and 17 year old high school students to run and monitor their social media pages and communicate with their audiences using simple marketing techniques by making the public aware of what you are currently offering and relaying the benefits of visiting your dental office.

The great benefit of social media is the fact that you can pretty much control any type of negative complaint toward your business immediately.  

However, the negative can be through receiving a negative review. On many websites which give reviews,  negative posts cannot be deleted.

It is the job of practice owner to monitor online any negative info and go into damage control mode by responding to the negative post and giving your side of the story. 

With social online media, if someone has a complaint about your practice online, you may immediately address and handle it professionally. This gives you the ability to put your practice in a good light and impress potential new clients.

Other word of mouth advertising techniques go back to on of the fundamentals of marketing which is reaching the community directly.

The most fundamental ways to do this is through personal networking, community events and local charitable activities.

These are very low cost but effective ways to reach new clients and help others at the same time and draws very positive PR toward your practice.

Using online marketing techniques such as content marketing, social media marketing and search engine optimization (SEO) are also very important today in reaching your audience.  The down side of this is the fact that it can become very expensive to do SEO professionally in order to receive optimal results. 

These various methods effect the positioning of your website online which is the face of your business when it comes to using the internet.

Today, a large percentage of your customers use the internet. The better positioning you can receive on search engines such as Google will go a long way in reaching new clients who are searching online for dental services in your area.

When it comes to social media and word of mouth marketing you have to realize you cannot measure how effective your campaign is in the same way.

Just because someone clicks "Like" on your Facebook page does not mean it will translate into a new client. However by carefully monitoring the number of "Likes" you can measure how many people are actually going to your page which means that if you are putting an effective message on this page you eventually may start receiving new clients.

Ideally you may want to hire a professional social media consultant that specializes in marketing campaigns. You will need to spend money to accomplish this.

Although the cost associated with hiring a social media consultant is nowhere near the amount it costs for radio or television ads, it can still effect your budget if you do not have the cash flow or planned the amount it costs in your budget.

If you have a steady stream of clients you may have the cash flow that is needed to hire a social media consultant.

If this is not possible and you don't have the budget you may try your local bank.

In order to get a bank loan you will need to have at least 3 years in business. This will give you the credit history that is needed by the bank to qualify for a loan.

Most banks will not lend less than $10,000 which may be substantially more than you need to hire a social media consultant that can put together a program to reach new clients.

Alternative funding sources are another way to come up with the cash flow needed to hire social media consultant. If you have been in business at least 6 months and have a checking account you would be eligible to apply for a dental practice loan. These types of loans are a great way to establish credit and the minimum amount you can borrow is $5000.

Once your have the funding available to hire a social media consultant you want to give parameters on what type of program you are looking to put together.

You don't want an online program that is too complicated or one that has so much information or decisions to make they will leave the site.

Many people today are very busy and don't have the time to focus on anything due to the limited time they have in their schedules.

When trying to reach your potential new clients online by using your Twitter or Facebook page, you will want to focus on asking your current customers simple questions about how they liked your services.

Once others see the great benefits of using your dental services, they will want to give your business a visit to see what you have to offer in person.

Ideally people want to receive the same great services others have had and written about on your website or Twitter page. This is how word of mouth advertising begins, once one person has a great experience they always want to let someone else know and hopefully the process will repeat itself.

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Yellow Page Ads Reach the Older Generation.

We all have had to deal with the annoyance of removing a Yellow Pages directory from our front doorstep only to place it directly in the trash.  You would be surprised at the fact there are many Americans who still use the Yellow Pages and have a land line telephone in their home.  

Many of these individual are baby boomers that are late in retirement age.  Dental practices cater to patients of all ages. During a person's entire life span they will still need to visit some type of dental practice, even after they lose their teeth.

Many dentists like to cater and specialize in various age groups to meet their dental needs.

Geriatric dentistry comes into play due to the fact that the American population is aging.

In general, people are living longer due to advancements in the medical field and with improved medical care, sanitation and public health and living conditions have allowed people to live longer than they did years ago.

With increasing life expectancy there are many more older people that are in the US due to the baby boom that occurred after World War II at the end of July 1945.

Many soldiers came home following the war and the US birth rates expanded. Many of the children that were born during and after this until 1964 are known as the "baby boomer" generation.

Baby boomers make up a large percentage of the population in the US. This population now has individuals who range from 48 years on up to 70 years old.

This group still has not embraced the computer world and dependence on cell phone technology as the younger generation has done.

Many baby boomers still operate as they did 20-30 years ago.

There are some who are up to speed on all the latest technology but many still use methods of communication that was used in the 1970's and 1980's.

For dentists who want to reach this audience it is surprising to know that many people who are aged 65 and up still do not have access to computers and do not know how to operate one.

In order to market to this audience it is still necessary to use one of the most prolific forms of marketing that was very popular during the 70's and 80's is Yellow Page advertising.

Many older people still use Yellow Page directories to find what they need to function.

When they need a plumber, repairman or even a dentist in their area they go to the Yellow Pages to find an advertiser who has an ad they feel comfortable with and contact them.

Dentist that want to reach the older market should still invest in a large Yellow Page ad.

The problem is even though this is a dying marketplace, the pricing is still expensive.

A large Yellow Page ad can run anywhere from $2500 a month and as much as $10,000 a month based on the market size of where the ad runs.

The return on investment is greater based on the amount of money that is spent for the ad which is hopefully recovered in new business clients looking for a dentist.

Dentists do not always have a budget to accommodate the high cost of Yellow Page advertising.

A good way to find the additional funding needed to market in the Yellow Pages is to procure an alternative source of funding such as a dental practice loan or a bank statement loan.

The process to receive an alternative loan is hassle free. The main requirement is the fact that you only need a minimum of 6 months in business.

Banks require that a business be established for at least 2-3 years which will allow them to track your payments record and credit history.

Unless you have an ongoing relationship with a bank that spans over a period of years, it is very difficult to receive a bank loan.

Once the funding from your dental practice loan is received from a an alternative funding source such as Small Business Loans Depot,  you may then begin the process of marketing potential older clients who are in need of your dental services.

You will increase your client base and the number of new elderly clients for your dental practice with a Yellow Page ad. Also the fact may be added that for every directory ad you place you will receive a comparable listing online.  Ed Rogers

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Dental Practice loans are a great way to provide expansion capital for your business.

Tax time is here and many business owners are not as excited as individuals who file and are expecting a large tax return, especially a business that will owe taxes to the IRS.

Many dental practices find after getting their taxes done that they will owe money to the government. The fact that additional cash flow is needed many businesses are unable to find the money they need to pay their taxes through traditional sources such as banks.

Once funding is available through a bank statement loan the dental practice may use the funds for any purpose. Pay bills, pay taxes, expansion, pay staff, buy new and used equipment.

Many alternative funding companies do exist such as Small Business Loans Depot. These business have various types of programs that can generate cash flow for many businesses and allow them to use their current used equipment assets.

This is an idea program for dental practices looking to do various types of things for their businesses.

Right now due to an uncertain economy, businesses need additional cash flow. Business owners cannot expect to go to a bank and receive unlimited amounts of cash to fund their business plans.

Some dental practices still feel they have the ability to go to their bank and find the additional cash flow to pay bills, taxes or fund their expansion plans. Once they apply and are denied they find themselves in a very dire situation and unable to operate without any cash flow.

When dental practices expand using additional cash flow, it is a very good investment.

The first thing most business owners do is to buy additional inventory. This is a good way to pay for additional marketing and advertising to supplement the additional inventory.

When companies need alternative funding, Small Business Loans Depot is a good way to provide additional cash flow through its specialized sale leaseback program The sale leaseback program generates cash for small businesses using their current used equipment assets.

The program is ideal for dental practices looking to expand or hire new staff or purchase new equipment.

The process involves using many types of equipment assets common to businesses as collateral. Up to 80 % of current value of equipment may be obtained.

This involves using a fast, easy and convenient way to obtain capital with a one page application. There are significant tax advantages that are geared to assist the business owner.

For details, contact Ro Beasley for details at Small Business Loans Depot

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If you are a Dentist seeking an asset based Dental Practice Loan, go to Small Business Loans Depot, which offers dentists funding based on practice assets, or based on the general sales of the practice, which allows the practice to secure financing.   Go to our features and benefits section and learn how this asset based program or gross sales program can solve your company’s cash flow needs.

Complete a Dental Practice Loan today, contact Ed Rogers at: 855-787-1113 or go to the “Application” link above and complete the application, or go to the “Contact Us” link and complete the contact us link

For a dental practice loan, the medical practitioner is able to use equipment assets, so almost all Dental Practices pre-qualify for this Dental Practice Loan. Assets that can be used include Delivery stations, such as Pelton Crain Chairs, X-ray units, patient stools, autoclaves, hand pieces, vacuum pumps, dental curing lights, compressors, alloy grinders Autoclaves, stools, cabinetry, and more.   After reviewing the asset list that can be used, the dentist will know which pieces of equipment can be used and understand the requirements and benefits of both the asset based program and the gross sales financing.

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You can increase the amount of new clients for your practice with a good marketing plan.

It is very important to begin in the initial year of your dental practice on a successful note.

Your main focus for the first year of your practice should be on getting new patients for your practice.

It will take time and effort to implement your marketing plan that you have put in place following dental school.

You will need to put together and implement a marketing strategy that is not too expensive realizing that money will needed to bring in initial clients.

Funding is a necessary part of getting your practice off of the ground. You will need to use your personal finances at least for the first six months.

Since banks are reluctant to lend to new businesses for at least 2-3 years, there are alternative funding sources that offer dental practice loans and medical practice loans to practices that have been established for at least six months.

During the initial start up period you will need to research and find the best options to market your practice on a limited budget.

The best way to begin your marketing program is to begin observing your competition.

Find and seek out other practices in your area to see what types of marketing they are doing.

Type their name into Google to see what type of online marketing they doing.

Immediately, you will be able to see if they have Yellow Page ads because this form of advertising offers internet postings as a part of their marketing program. Also, you will notice any internet marketing that is being done by this particular dental office while you are performing the Google search.

There are many types of marketing programs that may be implemented cheaply in your immediate area such as coupon type marketing that allows customers to sample your business at a discounted rate. Many dentists have stated that they have seen a big boost in patients who use these types of advertising and see a high patient return rate for a 2nd and 3rd visit.

You have to invest in having at minimum a phone book listing. This is a very inexpensive way to market your practice because people have to know you are in business. If you have the budget you should place a small ad to get your practice recognized.

Your outside sign is very important and gives the potential client a good feel about the type of practice you are running. If you have a small, dull unimpressive sign it will give the potential client the feel of a unsuccessful business which is something you definitely do not want.

You should create an exciting atmosphere by holding a grand opening event. The fact that you are opening a new business is exciting and people love to be a part of something exciting.

Make the most of the fact you are starting a new business and write a press release letter to your local newspaper to let them know about your grand opening. They may possibly cover it and possibly feature your business. This is a wonderful way to receive free publicity for your business.

If you have any type of marketing budget ideally you will want to place ads in a local magazine publication. Many middle and older residents love these types of magazines and they are a good draw to bring in new customers. Ideally you want to place your practice in magazines that have glossy or semi glossy print which will help to improve and boost the image of your practice. .

Branding and placing your name in publications that have a good reputation will go a long way to build a credible image to the public.

Creating a website is one of the most important things your dental practice can do to promote a business.

It is a good idea to find a freelance or someone who can build your website that has great credentials and examples of their work. It is even better if they can do it at a great rate.

If someone has given you a list of referrals and companies they have built websites for, be sure to contact them and ask questions about the potential company you will have building your website.

Ideally you want your practice to portray a friendly, professional atmosphere and your website will make the difference. First impressions are very important. Your website will be the very first impression they have regarding your practice. Make the first impression a good one

You want to make sure all vital information regarding your business is on the website such as contact info and the physical address of the building. You will want to include crisp, colorful photos of your your practice and be sure to show the facility and staff. This will give the potential client a good idea of what to expect when they arrive.

A very inexpensive marketing piece that is necessary is a business card.

Once your business cards are complete, be sure to visit every restaurant in your local area and post them if the establishment allows this.

Make sure to purchase cards that are of good quality with graphics that stand out.

Don't be shy and be sure to hand them to everyone you meet.

Don't forget to purchase quality business cards to hand out to everyone that you meet.

Finally, realize that every practice is looking for an unlimited amount of potential customers and you have to do something to get people's attention and let them know why they should choose your practice over another.

Many practices have dentists who are very good at what they do. The different between your practice and their's will be in how you market. Make you sure take the time and effort to do everything possible to let the public know what you have to offer.

Your personality is the best asset your practice has to offer. Show the world your great personality and let them know what your practice has to offer in your local area.

Curious potential customers will be key in bringing in new clients. Once the potential customer experiences a visit to your office you will hopefully gain a customer for life.

Be sure to tell your new customers to refer their friends and relatives. In time, your amount of clients will increase exponentially through word of mouth advertising.

 

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