How to start a dental practice with equipment leasing
Starting a dental practice may seem like a large undertaking — and it is. But comprehensive equipment leasing options for both your medical equipment and your office equipment can make the process a lot easier. If you’re just starting out with a new dental practice, keep reading to find out the best ways to utilize equipment leasing for your bottom line.
Access The Best Technology
You know that dental technology is constantly changing. Equipment leasing can help you keep up with the ever-evolving industry without the burden of owning every piece, especially the big-ticket items. Instead of worrying about having to sell outdated dental equipment when you’re ready to upgrade, you can simply lease for a short period and upgrade when you’re ready. This ensures your practice is always at the leading edge of technology and offering your customers the latest innovations in the space. You’ll soon establish a reputation as one of the leading dental competitors in your area.
Outfit The Entire office
It takes more than the right equipment to launch your new dental practice. You’ll also need office equipment for your administrative staff and inviting furniture for your waiting room. You may be surprised that most of these items qualify for leasing, so you don’t have to spend all your capital upfront just to get going. From comfortable seating to the perfect CRM software, you can use equipment leasing for many of your administrative asset needs as well.
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Keep Your Finances Agile
One of the huge benefits associated with dental equipment leasing is that it frees up much of your working capital. Rather than paying huge lump sums to cover all of your start-up costs, you’re instead able to make more manageable monthly payments. Plus, it leaves your extra cash flow to invest in soft costs, like marketing and other customer acquisition efforts. If you’re just starting to build up your patient list, this extra capital can be vital in ensuring you start off on the right foot.
Dental equipment leasing can be an extremely helpful resource when you’re just starting a practice. Keep your cash on hand for other efforts so you can get the equipment you need at a monthly price that works for your new budget.
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