One of our key services at Capstone is Restylement, enabling our clients to pursue their financial futures aligning with their dreams and passions. While our primary focus may not lie in providing business advisory services, our mission is to empower individuals to gain clarity in their financial picture, combining people, purpose, and passion to chart a course toward their desired future.
Enter the aspiring dental practice owner, we’ll call him Roger, eager to embark on the journey of purchasing his own practice. Starting a dental practice requires careful financial planning, encompassing initial setup costs such as office space, equipment, technology, licenses, and insurance. Roger must account for operating costs including staffing, marketing, utilities, loan repayments, and
inventory management. Effective financial management is crucial, involving budgeting, cash flow management, revenue projections, and efficient billing systems. Compliance with accounting, tax, and regulatory requirements is essential. Planning for growth and expansion through patient retention strategies, service diversification, and saving for future investments is important. Additionally, Roger should manage his personal finances and ensure a work-life balance to sustain long-term success.
Fortunately, Roger is driven not only by the desire for financial success but also by a deep-seated commitment to making a meaningful impact in the lives of his patients.
Entrepreneurship is not just about starting a business; it's about having the vision to see opportunities where others see obstacles.
Through our Restylement approach, we help clients like Roger understand the financial implications of their decisions, empowering them to take control of their financial future with confidence and purpose. But our support extends beyond just the financial aspects of practice ownership. Pursuing one's dreams requires more than financial acumen – passion, determination, and a
steadfast commitment to making a difference. That's why we work closely with our clients to help them cultivate a sense of purpose in their work, aligning their professional endeavors with their values and aspirations.
Every successful entrepreneur started where Roger is now. We are confident he will turn his dream into a thriving
business, and as he sets out on this journey, we’ll help facilitate his vision and offer financial guidance and support every step of the way.
