Dental Business Plan Template

Executive Summary

This dental business plan describes the launching of a new dental practice. The dentist and owner of the business, Steve Extractor, is an experienced dentist. The office will provide general and cosmetic dentistry services.

Steve will closely watch industry benchmarks, such as new patient count, patient fallout, patient satisfaction, how well the front office fills the calendar in advance, etc., to drive profitable growth and a loyal, growing practice. He expects his practice, to be called "The Tooth Fairy", to be profitable in 10 months and reach comfortable levels within two years.

In order to save money, Steve decided to look for practices that did not have a large list of patients. After several months of looking, Steve found a Dr. who was retiring with a small list of patients and went into negotiations for the practice. After three weeks, the deal was sealed. This plan describes how he will transition and grow the newly acquired dental business.

Steve will aggressively track and push the new patient counts until the practice reaches a comfortable, stable overall patient count.

Dental Business Plan Forecast: Sales, Margins, and Net Profit

The new location will see patient revenues rapidly grow from approximately $150,000 to almost $500,000/yr within 3 years. The rapid revenue growth will be accelerated because the practice will have a major focus on cosmetic dentistry in addition to providing traditional preventative dentistry services.

Business Plan Objectives

The objectives for the first years of operation include:

• Build upon an existing practice by exceeding customer expectations.
• Increase the number of clients by 20%
• To form a dentistry practice that can prosper from its cash flow
• To rapidly pay off the acquisition costs from cash flow
• To reach a revenue level that profitably supports the business and owner, and allows the business to keep loyal, high quality staff.

Startup Expenses

Items and costs considered for starting up at the new location include buying out the existing practice and the following purchases:

The patient list
Office space
Front chair and desk
Two dental chairs
Two light systems
Fully-equiped sterilization room
Compression air system with a suction unit
X-ray unit, mirrors,
Phone system
Daily disposable supplies
Signup for a practice management system, such as Dentrix, Softdent or Eaglesoft.
Kodak digital imaging system
Dexis image management system
Computers and network
Quickbooks and payroll software
Cosmetic practice instruments
Disposables which include: assorted trays and explorers, x-ray film, filling material,
paper products, and impression material.
Curing instrument.
Ultrasonic scaler (for removal of prophylaxis).
High- and low-speed drills (enough for two operators).

This practice will be acquired, already including:

Office space already built for a dentist
Goodwill, and future revenue streams.

View rest of this dental business plan, including profit and loss details, break-even details, marketing plan, strategy and more.

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