Archive for November 2022
Feeling the Pinch of Inflation
The current annual inflation rate from August 2021 to August 2022 was 8.3% — a slight improvement over the previous 8.5% rate. And unlike other economic influences, inflation acts like a “tax” on consumers and businesses. What’s the connection to the dental industry? Customers find their dollars don’t stretch as far, and they may need to adjust…
Read More8 Tips to Recession-Proof Your Dental Practice
It’s all too easy for entrepreneurs to look at the headlines warning about the economy and predicting financial doom and gloom. But forewarned is forearmed — and preparing for a potential recession makes good business sense, regardless of your industry. Is it possible for dental practices to not just survive but thrive in turbulent economic times?…
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