What is the most important factor limiting dental practice success?
Practice owners who can identify what is the most important factor limiting their success are more likely to maximize profitability, enhance practice value and have greater peace of mind.
For any practice owner to determine your most important factor limiting success, you must first determine how success is defined personally to you, and secondly determine what factor most limits your success.
How do you define success?
Is success to you defined more by your ownership of little pieces of green paper with pictures of past presidents on them?
Or would you define success more by peace of mind that you are meeting the lifetime needs and wants of you and your family, as well as providing for your staff and serving patients?
In other words, do you define success more by how much money you have? Or by what you have done, what you are doing, and what you want to do?
What is the most limiting factor?
Identifying the most limiting factor for success establishes what is most important.
Most practitioners are surprised to learn that price is not usually the most limiting factor in dental practice sales. This may seem counterintuitive, but the most limiting factor is usually owner psychology.
It is about letting go, whether an owner is prepared or unprepared.
Are you jumping for joy or afraid of dropping into what you think is a deep abyss?
Do you have a wonderful next chapter of life planned, or remain paralyzed by practice planning inaction?
What if you find yourself paralyzed when it comes to practice planning?
If you find yourself paralyzed planning for your practice, you are either guaranteeing yourself an unsatisfying future, or guaranteeing hardship for your family and staff.
Practice Value Acceleration℠ (PVA℠), provides dental practice owners with clarity and control over the future of their practices through a comprehensive analysis of financial, practice management and owner psychology factors.
PVA is a service for long-term practice transition planning that maximizes your profitability, enhances your practice value, and gives practice owners like you greater peace of mind.