Covid has impacted the whole planet and every aspect of our lives. Dentistry is not immune from this and feels different in 2021. Whilst dental practices are now allowed to remain open (and rightly so) in the more recent lockdowns there is still an impact for the profession. The style of work for … Continue reading “Key Learnings”
It is easy to get caught up in the Covid frenzy and assume that everything is bleak. Of course the pandemic is catching the headlines and the increased transmission rate from the new variant is of course a concern. However, there is still positive news and activity in the dental sales market which provides hope … Continue reading “Dental Practice Sales Hold Up in 2021”
Your dental practice is a valuable asset so if you’ve decided to sell then it’s important you get a valuation from an independent expert before you put your practice on the market and accept an offer. Dental practices vary considerably and there are several key factors that will impact on a practice value. Anyone valuing … Continue reading “When selling a dental practice, who should value the practice?”
Feedback from a survey on the impact of COVID on the dental profession has provided some optimism for 2021. The research consisted predominantly of practice principals, from a cross section of the UK. Clearly the last year had been a strain for all, with nearly 60% reporting the pandemic had either a significant or severe … Continue reading “The Green Shoots of Recovery”
Buying & Selling Practice Post-Lockdown Lis Hughes, Managing Director at Frank Taylor & Associates was recently interviewed by Zoe Close, Sales Manager at Practice Plan, and shared her thoughts on how the dental property market has been affected by COVID-19. The interview was published in the Dentist Magazine (December 2020 issue) – Read Now.
A word of caution when working out a dental practice valuation. Andy Acton explains more…..
Andy Acton recently talked to James Martin on his Dentists Who Invest podcast. Here is Andy’s view on the state of the dental sales market at present. It’s not been an easy year for practice owners, but a horrid one for associates.
Practical Lessons on Leadership (webinar masterclass – Frank Taylor & Associates & Engage the Team) Leadership skills are becoming ever more key to running a productive, patient friendly and rewarding practice particularly as you are no doubt being stretched doing your day job as well as implementing new protocols. If you’d like to learn more … Continue reading “Practical Lessons in Leadership”
How to secure your dental practice sale in just 30 days! It is possible. It will be dependent on wizard planning and assembling a team that shares this desire and has the skills to make it happen. Without a co-ordinated team, with a shared vision to get the deal done, it just won’t happen. Before … Continue reading “How to secure your dental practice sale in just 30 days!”
Can you arrange a bank loan yourself for a dental practice purchase? For those who aspire to ultimately become practice owners there is good news…. the banks very much view dentistry as a ‘green light’ sector and are prepared to offer generous terms to first time buyers. However, there are a few things you need … Continue reading “Can you arrange a bank loan yourself for a practice purchase?”