Five Healthy Business Habits for the New Year
It’s the new year, and everyone is adopting new healthy habits. Healthy habits do not just apply to ones personal well-being, but can apply to the well being of your dental practice. Kick off the new year by adopting these five great healthy business habits to improve efficiency and promote growth within your dental practice.
#1. Communication with Staff
Communication is vital between you and your staff. A good healthy habit for the new year is to establish morning huddles to communicate about daily tasks, new promotions, and any other news that your staff ought to know. Dental Practice Pro’s team meetings calendar will allow you to setup morning huddles, tag employees, and send notifications in just a few clicks.
#2. Creating Accountability for Tasks
Every employee needs to understand that they need to be held accountable for the tasks that they are assigned. Dental Practice Pro’s task manager tool can help you easily assign and track tasks given to your employees. No more having to chase down people to ask if they have completed their daily duties. The task manager tool creates the accountability by assigning a due date to each task, prompting timely completion. The task manager also provides a great way for staff to stay organized, and not let something accidentally fall to the wayside. Streamlining this process may seem like a small thing, but in the bigger picture, it helps to make the day run a lot smoother.
#3. Knowing Your Numbers
Why wait for your accountant to present you with the financial information about your business. Getting into the habit of knowing where you stand in your finances can help you see what direction you want to take your dental practice within the new year. Want to see if you’ve cleared enough in 2016 to open a new practice location? Dental Practice Pro’s finance management tools provide an easy way to view your revenue, cashflow, and expenses. In just a few clicks, you can see a full breakdown of all incoming and outgoing money within your practice, and can track every penny. Easily enter in everything on the secure cloud platform. Need to submit reports to your accountant? You can download spreadsheets in just the click of a button. No muss, no fuss. Your numbers at your fingertips. Now, let’s grow your practice!
#4. Know Where Your Patients are Coming From
Having a better idea of where your patients hail from in the surround areas can provide you with the opportunity to target a specific market to increase new patients. Dental Practice Pro provides tools and analytics for your patient data. The dental patient map will show you where your concentration of current patients are coming from, broken down by city and zip code. Want to do a targeted mailing to attract new patients? Use the map tool to figure out exactly where you should be sending out your promotional postcard ads. Now, you can sit back and watch the numbers of new patients grow.
#5. Utilize Your Data – Understanding Your KPIs
Harnessing your dental practice analytics, and maximizing its potential can stimulate growth within your practice. KPI Reports, or Key Practice Indicators, show you all of the data related to your dental practice. Dental Practice Pro streamlines all of your insurance information, patient stats, and provider production into easy to read charts and lists. Using our actionable reports will help you to better understand areas where your dental practice can improve efficiency and increase profits.
Follow these five healthy business habits with Dental Practice Pro, and watch how your practice gets turbo-charged for 2017!