CQC Support Services
When buying or selling a dental practice there is no avoiding the Care Quality Commission (CQC). They are there to do an important job on behalf of the public but they work in a very disciplined and structured way which can take some getting used to if you have not had much exposure to it […]
A Dental Corporate Buyer Maybe Ideal For You.
You have no doubt been approached by any number of dental corporate buyers who say they wish to buy your Dental Practice. That’s fine. That’s what they do, and a dental corporate buyer maybe ideal for you. The reality is dental corporate buyers do not really know if they want to buy your business when […]
Make Sure You are Feeling the Love
Our business is reliant on us earning the trust of dentists who want to sell their dental practice(s). It is the vendors who create the business transaction which is the lifeblood of our business. In my opinion, all vendors need to trust their chosen broker, but at the same time feel valued for the business […]
Improving Your Business Performance
We add value to our clients engagement with us by providing consultancy services around the selling of their dental practice. We provide that service in house or we out-source to those with particular areas of expertise. Either way, we can explain How Dental Practice Principals Can Improve their Business Performance. For example. Point 2 of […]
Stick to Our Core Competencies
I wanted to share this recent case study as I think it is one simple example of how we ‘help dentists fulfil their business ambitions’ and why we should all stick to our core competencies. I took a call from an accountant recently who had been asked by his dentist client to help him sell […]
What exactly is EBITDA and why is it important to me?
It stands for ‘Earnings Before Interest Taxation Depreciation and Amortisation’. A bit of a mouthful, but the point to note is it is an adjusted net profit figure that dental business valuers use to assess the value of the goodwill element of your dental business. Your practice goodwill is the non tangible element of your […]
Making High Road Decisions
In my discussions with dentists I often hear about how they are working to be tolerant with their teams. It it’s said to be an admirable quality in an individual, an organisation or a country. I think we need to be making high road decisions and I will explain why and what they are. Tolerance […]
So let’s Implement the Marketing Plan
You now have a stunning dental practice environment, a well-trained team who convert most new enquiries and a target audience for your marketing, so let’s implement the marketing plan for your dental practice. Strategy Be clear on the differences between strategy and tactics. Your strategy may be to become the largest dental implant provider in […]