Tiny expenses add up. You probably don’t need to hear that. But have you taken time to ask yourself if you have any tiny expenses that are sucking up all your cash? How about those nice pens you bought? Or those stickers? What about all the gloves and masks?
Your practice definitely needs things like pencils, pens, paper, etc. Any functional office does, but how much are you spending on office and dental supplies? Are you buying high quality pens you don’t need? Are you printing stuff out when it could be easily handled electronically? I’m not here to tell you these things are necessarily bad, everybody has their preferences. But your preferences are not negligible on your bottomline.
When it comes to dental supplies, we recognize that you are the expert. There are several ways to save on dental supplies without sacrificing quality. One way is to talk to your vendor about volume discounts if you send all your business their way. Don’t be afraid to change vendors either. One of the best ways to manage cost on dental supplies is to have one person in charge of the ordering. This eliminates over-ordering several staff members notice a shortage and all order at the same time.
Everything has a cost, and it affects your profitability in a direct way. Keep that in mind when you buy supplies.