In this conversation, Michelle Pritchard speaks with Dr Parul Bhatia about her journey as a dental practice owner, the challenges of balancing personal and professional life, and the importance of support systems in managing a successful practice. Parul shares her insights on sustainability, the need for business management, and how success can be defined differently for each practitioner. The discussion emphasises the significance of aligning values, seeking help, and preparing adequately before entering the business.Chapters01:00 The Journey of Practice Ownership03:40 Finding Balance and Sustainability06:08 The Role of Support in Practice Management08:46 Defining Success in Dentistry11:19 Lessons Learned and Advice for Future OwnersTakeaways- Practice ownership can be overwhelming without proper support.- Finding balance is crucial for personal and professional success.- Women in leadership roles often carry additional emotional burdens.- Hiring a dedicated practice manager can alleviate stress.- Business coaching can empower practice owners to implement effective systems.- Success in dentistry is not one-size-fits-all; it varies by individual.- Understanding financials is essential for practice management.- Building strong relationships with team members enhances practice sustainability.- Defining personal values is key to a fulfilling practice ownership experience.- Preparation and research are vital before starting a business.Follow Parul Bhatia on her social media accounts:Website: https://www.butlerdental.com.au/Facebook: https://www.facebook.com/parul.bhatia.5Instagram: https://www.instagram.com/parul37LinkedIn Personal: https://www.linkedin.com/in/parul-bhatia-4a9a1759/Send us a textHelping Dental & Specialist Practice Owners Build Systems That Work—So You Can Focus on Dentistry. Not sure where your practice stands financially? Take our FREE 5-Minute Practice Profitability Audit and uncover hidden profit leaks and quick-win strategies to boost revenue. ✔ Get your Profitability Score – Low, Medium, or High ✔ Identify inefficiencies that may be costing you money ✔ BONUS: Free copy of The Ultimate Guide to Practice Management Take the audit now: https://tinyurl.com/alignedbc-freeaudit Need expert advice? Book a complimentary 30-minute virtual coffee chat: Connect with me: https://linktr.ee/alignedbusinessconsulting Email: [email protected] Enjoying the podcast? Subscribe to our YouTube channel for more expert insights! https://www.youtube.com/@michellepritchard-alignedb9302 Stay tuned for more episodes from Dental Success: Beyond Chairside!

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