Welcome to the Podiatry Arena forums

You are currently viewing our podiatry forum as a guest which gives you limited access to view all podiatry discussions and access our other features. By joining our free global community of Podiatrists and other interested foot health care professionals you will have access to post podiatry topics (answer and ask questions), communicate privately with other members, upload content, view attachments, receive a weekly email update of new discussions, access other special features. Registered users do not get displayed the advertisements in posted messages. Registration is fast, simple and absolutely free so please, join our global Podiatry community today!

  1. Have you considered the Clinical Biomechanics Boot Camp Online, for taking it to the next level? See here for more.
    Dismiss Notice
Dismiss Notice
Have you considered the Clinical Biomechanics Boot Camp Online, for taking it to the next level? See here for more.
Dismiss Notice
Have you liked us on Facebook to get our updates? Please do. Click here for our Facebook page.
Dismiss Notice
Do you get the weekly newsletter that Podiatry Arena sends out to update everybody? If not, click here to organise this.

Economic downturn

Discussion in 'Practice Management' started by twirly, Nov 28, 2008.

  1. blinda

    blinda MVP

    I`m inclined to agree that much of the angst is generated by scare mongerers. Obviously we are aware that things aren’t great, especially for the unfortunate souls who have lost work or their retirement savings. However, with the media/politicians shouting "Depression!" many are regrettably going to react by becoming depressed. That isn`t going to help business. Patients quickly pick up on negativity and subsequently will be less likely to return. It may not be easy for some, but the power of positive thinking and action can only benefit your practice.

    I have also been working on raising my professional profile amongst GPs and other HPs. Fortunatley, I was offered contract work by a GP surgery to undertake ther annual diabetic reviews. This has lead to an increase of direct referrals from GPs and requests for private treatment from many patients. I have now contacted other GP surgerys to offer this service and have received positive replies along with an influx of new referrals.

    Has anyone else managed to create new avenues of business for their practice?

    Cheers,
    Bel



    -
     
  2. Cameron

    Cameron Well-Known Member

  3. Cameron

    Cameron Well-Known Member

  4. Cameron

    Cameron Well-Known Member

  5. Cameron

    Cameron Well-Known Member

  6. Elizabeth Walsh

    Elizabeth Walsh Active Member

  7. twirly

    twirly Well-Known Member

    Thanks for that Elizabeth, :D

    I was emailed a story today (many thanks DTT) Also an inspiration. :drinks

    A Well-Planned Retirement............

    Now that's financial planning. ;)
     
  8. twirly

    twirly Well-Known Member

    Ah, thanks for that Mark.

    But................... given the reality of the thieves in government & the depressing fact of every day reality I personally find fairy tales a far, far away more appealing prospect: http://en.wikipedia.org/wiki/Shrek_2

    Bliss........................... ;)

    Yours Sincerely,

    Princess Fiona. :empathy:
     
  9. Vernon Lever

    Vernon Lever Active Member

    Is the global slow-down affecting Podiatrists

    Hi all,

    Most of my patients that I speak to say that the world wide global slow-down has affected their business in some way or another. Here in South Africa, the private medical fraternity seems very little affected by what is going on in the global slow-down. There are a few dentists and Physiotherapists as well as GP's who are complaining, but those Professions always seem to moan. :wacko:Just wondering if Podiatrists who are in private practise (or even in hospital practises) in other countries are feeling any effect from this?

    Regards, Vernon Lever
     
  10. admin

    admin Administrator Staff Member

  11. NewsBot

    NewsBot The Admin that posts the news.

    Articles:
    1
  12. Pauline burrell-saward

    Pauline burrell-saward Active Member

    I live in the east of england and have 17 years of accounts.

    last august my foot fall fell , almost 1/2 days work each day, my toe surgery and orthotics just stopped.

    I cut back on outgoings, put the receptionist on short time, and comtemplated working from home.

    I realised i had got slack with my advertising, so increased it.

    Difficult winter but in febuary wham!!

    back to full lists,huge amount of orthotics and more surgery than i have ever had.

    difficult to know the full cause of the dip but the local hairdressers also had the same problems
     
  13. Nina

    Nina Active Member

    Hi Twirly,

    Yo may be able to get a streamline machine for your buiness installed free if you're a member of the FSB, I joined them 5yrs ago when I started my practice on the advice of my business banker purely to get the free machine, at the time it was £140 to join the FSB or £200 for the Streamline machine.

    Nina
     
  14. surfboy

    surfboy Active Member


    This is probably the most sensible suggestion I have read on this website to-date. I totally agree with you LL.
    *Sighs*... If only the majority of Podiatrists thought along the same wavelength......
     
  15. carolethecatlover

    carolethecatlover Active Member

    Interesting: As a pod student in Australia, just coming to the end of the 2nd year of a 3 year course, there seems to be demand. Lots of 3rd years and even a few 2nd years have 'assistant' jobs, and offers of a job on graduation. go out of the big cities and there is lots of work. I have a placement in Rockhamton, remote, but on the coast, and a very livable, if hot, city. Work for a crane driver? Sure is.
    I really think that Australia has avoided the downturn. Outside of the big cities you can get a very nice house for about Pounds150,000. Food is reasonable, you have to have a car in Oz, which is expensive. I came here 21 years ago, and I LOVE it here. There is a government website with the jobs wanted and points for immigrants. go to immigration@gov.au....should be somewhere in there. Carole in Sydney
     
  16. ScottJohanson

    ScottJohanson Welcome New Poster

    Along the same lines, what about the most efficient advertising during the downturn.

    Been experimenting with advertising and am trying to see what might make the most sense. My yellow page ad is about $5000 for a half page up from a quarter last year. And hasn't seemed to generate any increase. Internet has been just about as effective as the phone book. We have a web site and pull up in google for podiatrists in my area. I don't think radio would be a good way to promote and am just going to avoid that one. TV, ridiculous and out of the question. I've run ad's on the internet in appropriate places and some local papers...all of the success has been nothing resounding.

    What are you experiences with mailings, internet outreach, practice to practice relationships, etc. I know exposure is good but money is tight.

    As I finish this up, it'd probably be more suited for a new thread, but alas, lets share experiences, see what makes sense.
     
  17. Cameron

    Cameron Well-Known Member

  18. Cameron

    Cameron Well-Known Member

  19. Just wondering how things are going out there. Been a struggle here. Being a bit of follower of the economy, I have a feeling that we are not out of the woods by far. I hope I´m wrong but I feel the next economic word of the week will be stagflation especially in Europe.http://en.wikipedia.org/wiki/Stagflation.

    Anyone got any thoughts on this ?
     
  20. joejared

    joejared Active Member

    Somehow I think I want to reply to this thread but not to support it, but rather to explore the possibility that maybe, just maybe, seeing only negative will negate anything positive. I'm seeing nothing but blue skies here.
     
  21. Joe:

    Only blue skis here in Sacramento also.....and the Dow just rose past 10,000.....good things to come.....through the lenses I wear.:drinks
     
  22. Cameron

    Cameron Well-Known Member

  23. joejared

    joejared Active Member

    [​IMG]

    Were they trying to make a point? Good news! Your eyes are so bad, we have to operate! In terms of this industry, more of what will hurt us is poor quality followed by poor reputation, followed by a challenge to the establishment of the value of podiatric medicine, followed by, "No longer covered".
     
  24. Lawrence Bevan

    Lawrence Bevan Active Member

    Indeed, its all about the lenses you wear.

    With the the money markets withdrawing from residential and commercial property lending the money of world-wide investors has to go somewhere. All the public money to prop up the banks is not being lent either, its just being funneled into their investment departments.

    There is a ton of cash out there with nowhere else to go. The dollar is devaluing but its still the worlds hedge currency thus dollar denominated assets are flying off the shelves.

    Dow 15K, 20K here we come. Its not growth, its just yet another bubble that will be killed off in a few years when oil goes to $400 a barrel.

    The boom and bust will continue with each boom and subsequent bust getting bigger till all the baby-boomers are retired and selling their properties and cashing in their equity funds. Dont be the last one to sell up! :drinks
     
Loading...

Share This Page