Reality #6. Ever increasing prices of Real Estate
To set up a clinic one needs a proper location.
Unless you have a place of your own where you can set up your clinic, you are in a spot.
If you need to rent a prime location – be ready to shell out much money.
Even in small town prices are rising steeply.
You need to deposit one-time security money.
Furnishing and clinic design are also very important.
Patient expectations are rising, and they are expecting a comfortable clinical experience.
Monthly expenditures also include per month materials cost, electric – internet bill, furnishing, motor, drainage and many other expenses. After all this, you have somehow set up your clinic. Then you will need to spend on marketing also
So you see, in any country like India, to open decent practice a fresh BDS graduate/young dentist will need to spend somewhere around 10 to 15 lakhs INR.
The irony is no dental school/college ever prepares the young dentists for all these realities. Until the final year, the dental students do not realize the gravity of the situation in dentistry. The reality dawns as the young dentists complete the internship and are exposed to the highly competitive world of professional dentists.
Needless to say, the young dentists are entirely clueless. However, there is no to waste as they are already in their twenties. They need to act fast. So, the struggle starts.
How I wish the dental colleges informed and motivated the young dentists to make them ready for after BDS.
