Strategic Planning

Ask yourself these critical questions:

  1. Do you have clear mission, vision, and values for your practice that differentiates you from your competition?
  2. How do you want to grow your practice?
  3. What is your 3 to 5 year plan to achieve your vision for your business?
  4. Do you regularly review and update your 3 to 5 year plan?
  5. Do you have a leadership and management team with the experience and training to help you meet your goals?
  6. Do you have well-defined, SMART goals, with specific tactics to meet your objectives?
  7. Have you identified and reviewed potential risks to your business and ways to mitigate them?
  8. How do you balance practicing medicine with the responsibilities of running a business?
  9. How do you achieve work/life balance?
  10. When is the right time to hire a new associate?
  11. What’s your exit strategy?
  12. If something happens to you, do you have a plan to manage that event?