The real question we need to ask ourselves is what are the costs and the benefits of upgrading equipment. A new x-ray unit or imaging system might have new features but does it justify an expenditure of $30,000 when the older unit you are currently using works fine and is paid for? The answer is usually NO!
You should have great equipment that allows you to make a quality diagnosis and treatment plan for your patients. You should have equipment that allows you to deliver quality dental care. After that level a lot of what we buy is just for our ego and for fun.
If your profitability is 20% and the new piece of equipment costs $30,000 then you will eat the profit on the next $150,000 in production you just generated - and the cost is more if you are financing the equipment.
I just has a friend upgrade his sterilization systems for a cost of over $10,000. He said he will no loner need to buy test strips. The test strips cost les than $40 a month. The old system worked fine and was reliable. He will now have equally clean instruments for more money.
I may sound a lot like Suzy Orman but most times upgrading equipment is not the smart business move.
Dr. Corey Gold
President - Advanced Continuing Education Systems
www.aces4ce.com
Thanks for this great post! - This provides good insight. You might also be interested to know more about generating more leads and getting the right intelligence to engage prospects.
ReplyDeleteTechno Data Group implements new lead gen ideas and strategies for generating more leads and targeting the right leads and accounts.
Dentist Email List
From this PPT you can easily grab the perfect knowledge about best dental clinic in Punjab. Just click on the link and check the full PPT.
ReplyDeleteThanks for an informative post. I really agree with you. Latest innovations in dental field are always advantageous for patients for getting better dental care and will help in lead generation Family dentist.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteThanks you very much for sharing these links. Will definitely check this out..
ReplyDeletedentist
Scared of the dentist? Don't be! Read more about our tips and tricks for overcoming your fear of the dentist! dentist lake success ny
ReplyDeleteGangaur Realtech is a professionally managed organisation specializing in real estate services where integrated services are provided by professionals to its clients seeking increased value by owning, occupying or investing in real estate. Buy TripAdvisor Reviews
ReplyDeleteI’ve been searching for some decent stuff on the subject and haven't had any luck up until this point, You just got a new biggest fan!..
ReplyDeleteurgent dental care Los Angeles
Im no expert. but I believe you just made an excellent point. You certainly fully understand what youre speaking about. and I can truly get behind that.
ReplyDeletegum graft treatment
Really nice and interesting post. I was looking for this kind of information and enjoyed reading this one. Keep posting. Thanks for sharing. Dentist Fort Worth
ReplyDeleteI truly appreciate this post. I have been looking everywhere for this! Thank goodness I found it on Bing. You have made my day! Thank you again dentist in usa
ReplyDeleteAwesome article post. Much obliged.natural toothpaste
ReplyDeleteYou make so many great points here that I read your article a couple of times. Your views are in accordance with my own for the most part. This is great content for your readers. Metlife dentist in 78734 Lakeway Texas
ReplyDeleteThis blog is too wonderful ever exist on google. I really appreciate the work you have done on this website. Glad to find this one. Keep sharing and keep learning.
ReplyDeleteDentist stettler ab
Castor dental center
I value the article. Much obliged.toothpaste with zinc
ReplyDeleteCare Family Dentistry is a family-friendly, comfortable environment for patients of all ages. We believe that healthier teeth equal a healthier you. We’ll help you achieve this through regular dental checkups and by improving your general dental health and maintenance techniques. cosmetic dentistry
ReplyDeleteActually I think excited I found the online journals. dentist dallas
ReplyDeleteIf more people that write articles really concerned themselves with writing great content like you, more readers would be interested in their writings.Thank you for caring about your content. teeth whitening treatment
ReplyDeleteThank you for writing this wonderful post on your blog. It is full of valuable information about tools and gadgets dentist's use. I'd like to congratulate you on your work. Have a great rest of the day and keep posting.
ReplyDeleteDentist Center City Philadelphia
This comment has been removed by the author.
ReplyDeleteThis comment has been removed by the author.
ReplyDeleteBest Radar Detector 2024
ReplyDeleteIn today's fast-paced world, it's easy to get caught up in the thrill of the open road.
Daycares In Victoria TX
ReplyDeleteThe values and skills learned early in life are vital building blocks for a successful adulthood, and we believe all kids deserve a strong start and a safe place to grow
The Bay Area offers one of the most innovative and diverse economies in the world. click now
ReplyDeleteThe best smiles on your face start with great dentist that will understand your needs and suggest you with the relevant treatment of your dental problem.
ReplyDeletedentist Islamabad
Since 1985, Ventura’s has been one of the top Mexican restaurants in the Victoria Texas area. visit our site
ReplyDeleteBest Password Manager Australia
ReplyDelete