Problems & Solutions in the 4th Phase – Saturation Phase

(Practice Age – 20 to 25 years)

By this age you practice slowly starts to enter a saturation phase. If you were smart in the 3rd Phase (Growth Phase) and worked hard to establish a Dental Franchise Model/Multiple clinics Model, then you will be much more relaxed as the franchise model will keep giving you the financial benefit even after you enter the Saturation Phase!

If you want to know how to Start A Dental Franchise then you can read this article

HOW TO BUILD A DENTAL FRANCHISE

In my previous articles, I have discussed on merger of entrepreneurship and investment possibilities with Dentistry. Here I have come up with the new and trending opportunity of combining You can check out the 2 previous articles by me on Dental Economics here Then as a Dentist you can take a leap into franchise business.

Anyway coming back to the problems of the saturation phase –

The most common complaint in this stage is “stagnated income”. In order to overcome this situation, you should first try to identify the problems. Some basic reasons that results in stagnated income can be, Decreased patient footfall, Low treatment charges, Absence of high-end treatments or Combination of above problems. Solutions can be very simple to this problem.

1. Identify the problem factors.
2. Once you identify the problems; try to understand why the problems are occurring.
3. Evaluate all the possibilities to overcome them.
4. Make a strategy to get resolution and have deadlines for every task.
5. Spend more time in your practice as it can definitely improve your chances to find the solutions.

The Final Phase of Your Dental Career

Problems & Solutions in the 5th Phase – Decline Phase

(Practice age: 25+ Years)

You can’t practice dentistry with stethoscope and green cloth.

It is really difficult to run a successful practice without good clinical skills.

Aging results in health issues such as a backache, hampered vision or trembling hands etc. which sometimes makes the operator skills questionable.

When one can’t work because of such unavoidable factors, it’s time involve fresh blood in practice.

Nobody has a magic stick that can get a potential doctor like you for your practice in an overnight.

But at this point, you have two Priceless things in the Dental career

Wisdom + Experience 

If you have worked & planned properly in the growth phase of your dental career – setting up multiple dental clinics or a dental franchise then you can now play the role of a manager/CEO/Guide who guides the young dentists working in his/her clinic.

So, now you may not be physically very fit to carry out rigorous dental treatments, but you will still use your skills, be a mentor, run your multiple clinics & make a very decent and respectable earning! 

You will have to take efforts to groom young doctors by sharing your knowledge and experience which will keep the practice going, whereas you can take the charge of patient consultation and clinic management.

Young dental surgeons are always in the need for guidance. after completing the graduation they will be confused with so many dental subjects and how to use them in the clinical practice.

It’s the same cycle all over again. If you look back one day you were a confused young fresh dental graduate with lots of dreams and lots of confusions. Now you will have the power to guide the next generation young dentists in their career.

These are some of the important points which can bring a phenomenal change in you practice, however there are further deep aspects to every stage, which I’ll share with you in my upcoming posts.

Hope you got some valuable insights into the 5 stages of Dentistry and also to the problems in the 5 stages and their solutions. See you again soon in another post.

If you want some more insight, then read this article – 5 Stages in the Career of a Dentist! – below.

STAGES OF DENTISTRY – LIFE CYCLE OF A DENTIST | DENTALORG.COM

This business illiteracy has put many dentists in dilemma; leaving them unsure about their future. I believe this is one of the primary reasons why many dentists are unhappy with their practices. Let’s get into the details of “Lifecycle” of your practice Yes, its a long journey of cycle …

This post is Written By Dr. Pranav Agale.

Director of Viva LifeCare Pvt. Ltd. and DentistFriend.com is his brainchild.

He is a MBA & holds experience in branding and marketing.