Why is Competition So Tough Today?

Why is Competition So Tough Today?

There are five main reasons that maintaining a competitive edge as a Medical Aesthetic / Cosmetic business owner has become so difficult today: lack of differentiation, the rise in competition (both healthcare professionals and non-healthcare ‘cowboys’), public...
The Secret to Lasting Success in Private Practice

The Secret to Lasting Success in Private Practice

The bold and dark line that every medical aesthetic practice owner would like to have between his or her services and the local competition’s is getting fuzzier. Lack of differentiation between competing services is becoming an endemic rather than accidental...
How to Turn Unprofitable Patients into Valuable Assets

How to Turn Unprofitable Patients into Valuable Assets

Let’s take an example. If your typical Botulinum Toxin patient stays with your practice for five years and spends £300 every six months for injectables at a profit of £150 per treatment, the lifetime value of a patient seeking Botox Cosmetic injections is £3,000 and...