When it comes to revenue, many dental practices haven't yet achieved their full potential. Follow these five quick and easy ways to generate more revenue for your business.

1. Increase Your Acceptance Rate

If your practice is one of the many that suffers from chronically low acceptance rates, it's time to change the way your office sells services. To convert a much higher number of patients, leave your practical appeal behind and start approaching sales in an emotional way instead.

Involve the entire office, from the receptionist to the hygienist to the dentist. Help your staff members reframe their sales tactics. Show them how to sell dental care as a want instead of a need, and work together on developing emotionally invested patients.

2. Offer Additional Procedures

Getting more patients in the door equals more revenue, but different practices should approach this with their own circumstances in mind. Many dental offices can increase revenue simply by improving efficiency and scheduling more patients an hour. This might involve hiring new staff members, adding space, or streamlining the patient intake process.

Other practices opt to add completely new services. If your practice's primary focus has been basic dental care, consider making a push to add more high-profit procedures such as dental implants, crowns, and veneers.

3. Generate Passive Income

Though you should focus most of your practice's energy on patients, there's no reason you can't generate additional income through passive means. For many successful practices, this translates to selling high-quality and high-margin dental products. Not only does this support your business's core mission, but selling exclusive products will also help your patients maintain their hygiene routines between visits and continue to look great in the meantime.

4. Manage Your Online Reputation

If you haven't thought about your marketing plan in a while, you might be surprised to learn just how important your practice's online reputation is. Online reviews can make or break your practice, and a complete lack of an online presence might cause you to lose out on significant business.

Start by searching for online reviews of your business and learning what customers are saying about you. Set up profiles on one or more primary social media platforms, and take charge of your online reputation.

Consult With Accelerate My Practice

When you want the ideal balance of consulting experience and personalized solutions, work with Accelerate My Practice (AMP). We'll start by gathering data about your total number of patients, the number of patients scheduled for next recall, and your average fee. From there, we'll assess where you have room to grow and how you can put our acceleration plan into action.

We'll show you how to create a prosperity mindset so you'll know exactly how to uncover hidden potential in your practice. AMP will also help you get the training you need so you can move forward and address any problems as they arise. Finally, we'll keep you motivated throughout the process by checking in with you regularly and helping you reach your goals.

If you're ready to generate more revenue for your business, there's no time like the present to get started. Improve your services, expand your marketing, and consult with AMP to make sure you achieve your goals in the smartest way possible.

Image via Flickr by eastmidtown