Starting A Dental Practice
Starting A Dental Practice?
Next Level Consultants Can Help.
We’ve been helping dentists JUST LIKE YOU build dental startups for over 15 years now. It all started when Michael Dinsio, owner and founder of Next Level Consultants, started his career in the dental industry as a lender/banker. Michael was privileged enough to have help hundreds of dentists through the process of starting a dental practice. Today, his passion lies in working one-on-one directly with dentists as their personal dental startup consultant, walking doctors through the process of starting a dental practice of their own.
We love talking to doctors excited and passionate about their vision for dentistry they want to do it and the commitment they have for a thier community. We enjoy helping doctors achieve that lifelong goal and dream of starting a dental practice. As dental startup consultants, we ensure you’re set up for success when the doors open on opening day!
To get started, we sit down with you, listen to your plans and ideas, work with you one-on-one, and customize a strategy for success using our tried-and-true dental startup blueprint.
Why Hire A Dental Startup Consultant
Understanding the Entire Process
We know where to jump in no matter where you are in the process. Whether you are just getting a team together or already have a banker, lawyer, equipment specialist, etc...
Finding a Commercial Space
We can help you find an office location and negotiate a lease that suits your needs. If you haven’t found a commercial space we have experience working with professionals in the industry.
Find the Loan Options and Rates
We can help you secure the best financing, loan structure, and interest rates with a banking partner. We help you understand what the banks are looking for and how that affects you.
Construction Project Management
Help you stay on time with the project management process, minimizing construction and equipment costs and reducing the number of change orders
Attracting New Patients
We help you deploy marketing strategies that will attract new patients. We get your marketing boosted six months before opening day, so day one you have income coming in.
Operational Excellence Day One
We consult you to implement the operational foundations needed in order to set your practice up for efficiency and profitability. Increasing revenue and lowering overhead costs.
How to Start a Dental Practice
Starting a dental practice takes an entire team of supporting cast members. You need a banker, you need a commercial real estate broker, you need a lawyer, you need a contractor, equipment specialist, and of course a dental consultant to help you keep all those people on track and looking out for your best interest. We support you and walk you through our “tried and true” step-by-step process on how to start a dental practice. Below is the step by step process from start to finish.
Step #1. Location Strategy
Demographic Study & Analysis
- Determine the competitive landscape
- Identify the community and culture you want to be involved
- What socio-economic conditions?
Personal & Lifestyle
- Are there any non-compete restrictions
- Determine your commute time
- Family and personal “feel” or interest in a particular area
Step #2. Deploy Construction Team
Secure Lending
Engage with Commercial Real Estate Broker
Partner with General Contractor
- Space Planning
- Equipment Specialist
Step #3. Securing a Lease
Engage with Legal Counsel
- Negotiate best possible terms for lease
- Mitigate all possible risk
- Look for exclusivity
Step #4. Business Planning
Define Your Vision
- Finding Your “Why”
Develop A Dynamic Marketing Strategy
- Branding
- Web design
- Google Business Profile
- Community engagement
- Social media pages
Forecast Projections
- Determine a “healthy” cash flow
Fine Tune Budgeting
- Identify working capital needs
Step #5. Construction Project
Execute Lease
Sign and Open the Loan
Project Management
- Keep project on time and under budget
Choose Technology Company
- Install equipment
Step #6. Setup Operations
License and Entity Formation
Start Credentialing and Insurance Negotiation
Engage Social Media & Soft Marketing Efforts
Launch Website
Hire First Few Team Members
Create New Patient Experience
Step #7. Setup Operations
Have Fun
Get to Know The Community
Celebrate!
Thinking About Buying a Dental Practice?
Next Level Consultants also helps doctors through the process of buying a dental practice. Many times doctors are on the fence between either “starting a dental practice” or “buying a dental practice.” So if you want more information on buying a dental practice visit this page!
Credentialing & Fee Negotiation for your Dental Practice
Next Level Consultants has an amazing credentialing team. We work in depth with insurance carriers and providers to negotiate the best possible fee schedules when it comes to getting credentialed. Visit our dental credentialing page for more information!