Kunal Thakker explains how you can apply the success of a single-practice squat to scale up your dental business into multiple sites.
Today, we’re going to be talking all about scaling up from zero and building scale into your business.
I started Tooth Club with just one practice, but I always had the vision that I wanted it to be big. Here are some of my experiences of going through the scale up journey, and how I think we’ve made it work.
Firstly, going into business is scary. When taking on debt, there are always risks – you are committing to employ people and taking on leases. All of these things can be scary, but you have to be a little bit fearless and trust the process.
However, the risks you take should always be educated. Through cash flow planning, make sure that you’ve got enough capital with a bit of reserve in case you run into trouble. Do not be scared to take some level of risk – just ensure that it’s measured.
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