Well, I just spent something like 6 hours working on setting prices for the practice. And I had already spent at least that much just entering the prices of supplies earlier this week.
It seems like a really long time on a very mundane task, but it is a very important one for our business. Obviously, I have to set prices in order for the business to generate any profit. It is really important to me that I am charging a fair price for each service we perform. To that end, I purchased a software called the Fair Fee software. (You can check out their website at www.fairfees.com) It takes into account everything we do for each service. I am really excited about it because it means that I don't ever have to think that we are charging too much or too little for something. I know that I have an objective way to measure the labor and supplies that go into everything we do. I hope that is something that is comforting to our clients as well.
Tomorrow, I get to transfer all of that info into our practice management software. Woohoo!!! It is also a little mundane, but it is important in forming our foundation. Another great night of sleep will be great too. We already have our first appointment scheduled--Patch Smith for a dental on Tuesday. I hope we'll get lots more!
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