Dental Discount Plan - Business Plan

[Dien Rice]

Originally Posted by Next2

Okay so a friend and I are going to start a Dental Discount Plan business.

The advantage to the dentist is that he gets free advertising and customers he may not have gotten if he was not part of the plan. I know several dentists that participate in these dental discount plans.

I have come up with a list of prices I would like to use but was wondering if any of you out there have ever used such plan, or have any suggestions about running a business like this? Startup info mainly...

May I ask first how it works?

Do people pay membership to join the program? And in return they get a discount when they go see a dentist who's participating in the program?

The dentist benefits by getting new customers. The customer benefits by getting a discount from participating dentists. And the entrepreneur benefits since they make a profit from the membership fees.

The entrepreneur has to both sign up dentists willing to participate (and give a discount to members), as well as sell the program to paying customers.

Is that how it works?

Thanks,

Dien