When you plan a car journey you set your sat nav to the coordinates that will lead you to your destination. You know where you are starting from and where you plan to finish. Throughout the journey your sat nav will report on your progress: how far you have to go in miles, what time you expect to arrive, and if there are any issues along the way such as traffic jams, it will propose alternative routes.
It’s important to measure progress because if you veer off track you are warned early enough that you can take corrective action quickly.
Like any journey, travelling blind is likely to lead to the wrong destination or a delay in your arrival. A business plan acts as your sat nav. It lets you know how you are progressing on your business journey and where a change in speed, direction or strategy is necessary.
There are four key questions in business planning:
A business plan determines your three-year financial plan and your strategy for achieving it. This is a rigorous, methodical process. Business planning brings the future into the present so you can do something about it.
Transform your dental practice with dental business support, leadership guidance and decision making techniques from dental business mentor, Andy McDougall. Contact us today!
Business planning transforms financial performance
Just four strategic questions lie between your present and a more successful future.Get started
Business planning brings the future into the present so you can do something about it. Are you aware of your starting position or where you are aiming to finish? And do you have the tools in place to monitor your progress and keep you on track?
The business planning process requires asking lots of questions and making lots of decisions about every aspect of your dental practice, such as your brand, your competition, your treatment offering, your marketing, your staffing levels, your pricing, your associate pay and the way your business is financed.
Business planning helps take the risk out of this decision making process by using proven techniques that allow you to make potential mistakes on paper rather than in reality.
Book a free consultation with Andy
Your numbers can talk but do you speak their language? Learn a lot about your dental practice with a free consultation with dental business consultant Andy McDougall.Send us your last 3 years of financial accounts, Andy will analyse them and explain the strengths and weaknesses he reads in your numbers. Book now
Tried dental coaches and consultants before?
Our philosophy is that everything comes back to the numbers, so that is our starting point. Then, instead of giving advice then leaving you to implement it, we take the journey with you, as your dental business partner. We ensure you learn how to run your dental practice yourself making sure the necessary skills are transferred along the way. Find out more
In the moments of decision your destiny is reached
Where you and your dental practice will be in 3, 5 or 10 years time is very much linked to the decisions you make between now and then. So it’s a good idea to get good at making decisions! Learn which decisions to make and how to make them correctly. Find out more
Have you got what it takes to be a great leader?
Do you have a compelling vision of where you are leading your dental team? Are you a leader or a manager? Do you know the difference? Dental business coach Andy McDougall will teach you how to become a good communicator, avoid procrastination, manage your time better and most importantly, explain how to ask the right questions. Find out more