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Your Practice
Business Plan
David Rajczak
B Comm MBA
Angela Spinks
BSc

Dental Practice Business Planning:
A Template to Get You Started

T

Components of a business plan:

his third and final article in the series provides a
template to use for developing a dental practice
business plan that incorporates both the careerstage considerations (“Personal Goals and Practice Objectives: The First Steps…,” Ontario Dentist, September 2018)
and practice management strategies previously identified
(“Building a Successful Dental Practice,” Ontario Dentist,
November 2018).

1. Executive summary

The executive summary describes
what makes the practice unique
and the plans in place to ensure
practice viability and sustainability. It includes summaries and/
or components of the following
comprehensive plans:

2. Financial plan

A detailed set of financials, costs
and projections over time.

Why is a business plan essential
for a dental practice?

3. Marketing plan

A profile of the desired patients