We work tirelessly to add value to our clients engagement with us by providing consultancy services around the buying or selling of a dental practice. We share our skill and expertise with our clients. We provide that insight from our own resources or we outsource to those with particular areas of expertise. Either way, we help our clients understand the opportunities which exist for them.
For example. Point 2 of our sellers guide (tap on this link for your copy) refers to maintaining or growing the financial performance of your business.
Business success and results don’t come out of thin air. They are a consequence of the strength and effectiveness of your everyday activities.
Your KPI’s, which stands for Key Performance Indicators, measure your everyday activities. That way you can analyse current performance, then plan and monitor changes you want to make to your business. If you have some then great, if you don’t then think about the main drivers of your business (£). We can help with that because we look at where the money comes from, and goes in dental practices on a daily basis.
The beauty of focusing on your KPI’s and improving them is that it helps you:
- Enhance your patient experience and care
- Improve the success and growth of your dental practice
When you are deciding what KPI’s to measure in your dental business, consider the following:
- Your goals
- The untapped revenue potential in your business.
- Your patients’ priorities
Selling or buying dental practice can be about the here and now. It may be about planning a sale or acquisition in the future. As specialist dental practice brokers we can help you with either scenario because we share our skill and expertise.