May 02, 2025

How to Craft Your Dental Practice's Business Plan

20 minutes

In this episode I explore one of the foundational tools every dental practice owner needs—a strong business plan. We’ll start with the basics: what a business plan is and why it’s essential in the dental industry. From securing financing and setting clear goals to guiding daily operations and long-term growth, a well-crafted business plan can be the difference between surviving and thriving in a competitive market.

We also dig into the pros and cons of engaging a professional to help build your business plan, and why your personal involvement in the process is still key—even if you hire an expert. I share how modern business planning software and AI tools are making it easier than ever to get started. Plus, I walk you through how to create a plan live with AI, including the kinds of questions AI asks to personalize your strategy and help you think through the critical elements of your practice’s future.

To wrap it all up, I break down three flexible methods for creating your plan: doing it yourself, hiring a pro, or using AI-powered solutions. No matter your experience level or where you’re at in your practice journey, this episode will give you the tools and insights to take control of your business direction. Tune in to learn how to turn your vision into a real, results-driven strategy.

What you'll hear in this episode:

[01:10] Purposes for a Business Plan in the Dental Industry

[02:55] Engaging a Professional for Your Business Plan

[04:15] The Value of Being Involved in Crafting a Business Plan

[08:25] Using Software Tools for Business Planning

[11:20] Creating a Business Plan with AI Live

[13:55] Questions AI Asks to Assist in Business Planning Process

[18:05] Recap of Three Optional Methods to Craft a Business Plan

Learn more about Tooth and Coin's services: https://www.toothandcoin.com/

Watch full episodes on YouTube: https://www.youtube.com/@Dentistmetrics

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