Opening your own dental practice is one of the hardest things you’ve ever done. Whether you took over an existing practice or you started from scratch, taking this leap took determination, grit, faith and a tenacity to succeed. And it requires that, because opening and maintaining a successful business is downright hard. Per the SBA Office of Advocacy, only 50 percent of businesses that are opened survive beyond five years. And after 10 years, the survival rate drops to one-third. But chances are, you already knew this before you started, and the fact that you opened your practice anyway is likely proof that you have what it takes to succeed.
