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Dentallabnetwork.com
Business Ideas
Opening a Reline and Repair Only lab, yep I'm nuts
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<blockquote data-quote="XxJamesAxX" data-source="post: 181106" data-attributes="member: 4808"><p>In the beginning keep your operating cost as low as possible, pay yourself the absolute minimal you can. Depending on many variables including how much income you need (personal) and just how much work you can get i think you can probably make it work. BUT! Plan for ups and downs, its one of the hardest things for new lab owners. The roller coaster ride i call it. Reinvest every dollar you can back into the business so you can expand your product line ASAP. Ultimately i think you will need to offer more then just repairs/relines. If you do good work you will be cutting yourself short by not offering more.</p><p></p><p>Since you've been self employed before i probably don't need to say this but be ready to work harder then you ever did for someone else. Most start a business thinking they wont have to work as hard and will make more then they did working for someone else. Those are the ones that usually fail imo...</p><p>Pay yourself less and work harder and you will be alright. <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p></p><p>Goodluck! </p><p></p><p></p><p>Sent from my iPad using Tapatalk</p></blockquote><p></p>
[QUOTE="XxJamesAxX, post: 181106, member: 4808"] In the beginning keep your operating cost as low as possible, pay yourself the absolute minimal you can. Depending on many variables including how much income you need (personal) and just how much work you can get i think you can probably make it work. BUT! Plan for ups and downs, its one of the hardest things for new lab owners. The roller coaster ride i call it. Reinvest every dollar you can back into the business so you can expand your product line ASAP. Ultimately i think you will need to offer more then just repairs/relines. If you do good work you will be cutting yourself short by not offering more. Since you've been self employed before i probably don't need to say this but be ready to work harder then you ever did for someone else. Most start a business thinking they wont have to work as hard and will make more then they did working for someone else. Those are the ones that usually fail imo... Pay yourself less and work harder and you will be alright. ;) Goodluck! Sent from my iPad using Tapatalk [/QUOTE]
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Business Ideas
Opening a Reline and Repair Only lab, yep I'm nuts
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