
Business 101 is to instill value in your products. By flat rating your work you have successfully erroded your chances of projecting value in your work or future work. Cash flow isnt having a cushion so you can wait 60-90 days, its about compensation for immediate services performed and products purchased, in a reasonable and customary fashion(30 days).
Im for itemization. I want my clients to know what exactly they are paying for. I want them to know shipping charges, tooth costs and so forth inflate the perception that we charge too much. You dont buy a car with a sticker that just reads Car...$25,000. We dont pay for auto repairs that just says Repair $600.00. So why mask all the things that contribute to the charged price for a removable prosthetic? The flat rate mindset is just another step in commoditizing a custom dental prosthetic down to a coathanger type of mentality.
Its no wonder.....4000 dental laboratories have closed in the last 2 years.
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