21 Ways on How You Can Raise Cash Flow
The two elements that are going to sustain you back into profitability is cash and cash flow. As your practice restarts, you are going to have to generate enough revenues to give you this turnaround of business and stimulate the cash flow. Discover the best ways to do this.
Some Things Never Change
Sometimes shifts in businesses are seismic and sometimes they are subtle. But one thing is for sure that despite this there are certain important fundamentals that never change. As a result, you should always be working to strengthen these aspects so that you are in the best position ever to take on whatever life throws at you. Curious to find out what they are?
Communicating Clarity
As we all return to practice with our staff and our patients, it is important to recognise that Change, no matter how big or small, for most people is generally very difficult. The most significant Change for all of us is navigating our dentistry with Covid-19 and the associated new clinical protocols. In such uncertain times we need to be as clear in our communication as we possibly can. Here are a few tips that can help you.
Leading in Unchartered Waters
During this difficult realm of uncertainty, there has been a rise in the negative psychological impact of being in dentistry. This is true for all team personnel and patients alike that are involved in a dental practice. There has been much talk of anxiety and looming stress of the unknown or the imminent future. As a result, the Scientific Committee of the BAPD has introduced a white paper that you may find useful.
The Post-Covid Storm of Change
The Covid-19 Pandemic has brought with it a storm of imminent changes that have assaulted our very way of life. As we slowly navigate through the uncertainties, it is increasingly becoming clear to us that we are going to have to contend with the consequences. The question then lies is - how are we going to manage these changes so that we afford the most minimal of damages and re-build our businesses to once again thrive?
Focus on Mental Health Awareness Week
Today marks the beginning of Mental Health Awareness Week. As a person who has suffered from Anxiety Disorder myself for many years and finally learnt to overcome and manage it, I feel that I can contribute in some small way to helping those that may find themselves in an uncomfortable place.
DWB Predictions for Dental Practices Post Covid
When you finally emerge from the lockdown, there are some excellent strategies that you can use to turn around your business. Inevitably, we are going to be experiencing a downturn in the economy since much of the country has been in lockdown. Hence, in order to survive the upcoming economic decline your most important considerations and focus will either make you succeed, or you will find getting back to normality highly frustrating. At DWB, we have made some important predictions that you may find useful when strategising for a powerful comeback.
Social Media in Lockdown: Part 2 of 2
Following on from how best to build Influence with social media, I thought I would highlight the most impactful ways on making social media work for you. Also, to give you tangible effective strategies that you can start using immediately.
Social Media in Lockdown: Part 1 of 2
As we progress into Lockdown Social Media is a mode of communication that is currently being used to a greater than average capacity. Since screen time is very high at the moment (probably the highest its ever been) and people are absorbing a lot more information, you can become part of their world by putting across the right type of messages. In this 2 part blog we explore how best to use social media.
Culture eats Strategy for breakfast!
Recently, having attended a webinar by a guy called Dr Allen Zimbler who used to be Chief Integrating Officer at Investec plc and is now retired, I found that much of what he spoke about resonated with DWB thinking. Allen has also significantly contributed to helping Dentex Healthcare Group identify its Values and Vision. He came up with some interesting points which I would like to share with you.
The Importance of Routine
During the lockdown, many may find that one day blends into another and some may find that each day is the same, like in the movie 'Groundhog Day'. In this blog I have discussed various strategies to help you overcome and breakthrough the monotonous inertia of lockdown. I have shared with you ideas to develop a routine that helps you to become better versions of yourself.
5 Key Proactive Areas to Focus on during Lockdown
At this moment, when you are blessed with time, is when you should be constructive in how to use that time so as not to waste it. I thought about this very hard and I thought to myself, if Rahul and I had this happening to us what would we do? How would we become proactive in helping our businesses?