1. Research the local market – What type of services are in demand? Are there any other dentists in the area? How will your practice stand out from the competition?
2. Secure funding – Consider different financing options such as bank loans, private investors and grants.
3. Choose a location – Consider factors such as foot traffic, access to public transportation and visibility when selecting a space for your office.
4. Set up the legal structure of the practice – Decide whether you will operate as a sole proprietorship, partnership or corporation.
5. Obtain necessary permits and licenses – Determine which permits and licenses are required by local, state and federal laws to operate a dental office in your area.
6. Purchase equipment – Buy the necessary tools and supplies such as chairs, lights, X-ray equipment, drills and other instruments.
7. Hire staff – Recruit qualified personnel such as dental hygienists, office managers and receptionists.
8. Market your practice – Determine a budget for marketing activities such as advertising, public relations and digital campaigns.
9. Set business policies – Establish rules for the office, including patient scheduling, medical recordkeeping and billing procedures.
10. Remain compliant with laws – Stay up-to-date on all regulations related to the operation of a dental office.