According to NHP (National Health Profile) 2018, only 2.7% out of 2,70,000 dentists that are registered with DCI (Dental Council of India) got recruited in government jobs. Therefore, setting up a new clinic is the natural choice of most the students after completing MD or BDS. However, if you don’t have the right plan, it can soon turn out to be a failure.
Before starting a dental clinic in India, you must understand it from an investment point-of-view. After that, you can analyse this profession and its benefits. Here are some tips that can help you during a new dental clinic setup.
Select the location of your dental clinic wisely. It must be accessible from all the major localities of the city. Dental clinics are usually placed in commercial complexes near a college, hospital, or mall. A busy or crowded place is ideal for marketing purposes as such locations make your dental clinic noticeable. Also, dentists usually practise in urban areas instead of rural ones. It is because there are fewer patients in the rural areas and even those who have defective teeth might not always prefer a dentist in villages and towns.
After finding a suitable place for starting a new dental clinic, you need to look into the financial aspect. You may prefer buying or renting a room in a commercial building. Though starting a dental clinic is not a capital-intensive project as compared to starting a hospital, you will need funds to buy the dental tools and equipment that are required to perform dental surgeries and treatments.
The investment can be huge if you want to start a full-fledged dental clinic with all the modern facilities and equipment. You will also need to hire a couple of staff members to manage the appointments and other trivial works. Each staff member will demand a particular salary that you will be paying to them every month. A strong financial backup is required for all these things.
The interiors of a dental clinic needs to be posh yet sophisticated. The overall design of rooms, ventilation, counters, etc. should be laid out perfectly to impress the visiting patients. You will also need cupboards to store the dental equipment, files, and other stationery items. Installing an air conditioner is a must in crowded and humid cities. High-quality lights will ensure that the rooms are lit-up well. Therefore, you must include all these costs while creating a plan to start a dental clinic.
Can a dental clinic be started in a partnership?
The huge costs involved in the new dental clinic setup might force you to think of other ideas like considering a partner. While starting a hospital with partners can be a good idea, involving partners in a dental clinic might not prove to be a good financial decision. Dental clinics don’t start churning a lot of money immediately after they get started. You need a lot of time and effort to keep attracting new patients and maintaining the existing ones. Also, you will need to brush-up your social networking skills to discover more patients through offline and online resources. Therefore, start a dental clinic in a partnership only if your partner is patient enough to go through all this ordeal.
Instead, you can find a sponsor or apply for a loan if you have insufficient funds to start a new dental clinic. Though there are many lenders who offer loans to doctors and dentists, you should be careful while choosing one.