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If you don't know where you're going, how will you get there? An exit plan is not just about the day you'll leave the laboratory, it's about setting long-term goals so the future doesn't sneak up on you.
According to LMT's 2013 Dentist Survey, lab owners are sometimes hesitant to raise their fees, fearful of losing the account. Yet 53% of dentists surveyed feel it’s reasonable for a laboratory to increase prices once a year by an average of 3.3%. Twenty-nine percent think an increase—an average of 4.6—every two years is more acceptable.
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LMT Communications delivers the business strategies, information, dental laboratory news and education that dental laboratory decision-makers need to succeed. Through LMT Magazine and our LAB DAY shows, LMT works to advance excellence in dental technology, enhance the products, services and communication of dental technicians, and give dental laboratory owners and managers the tools they need to flourish. Learn More »