The previous columns in this series discussed how to establish a budget for purchase or rent. Let’s assume you have now bought your strata unit or rented your tenancy. What you need now is to put together ‘the big picture’ for set- ting up a dental practice in the chosen space. What all your expenses might be, how much you could expect to earn the day it opens – then eventually when every chair is fully booked – and finally how much will you be able to take out of the practice each year to live on.
1201 Part 8 The Big Picture for Your New Practice