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In the press
Total 56 Articles - Page 1 of 12

A practice valuation is a document that provides information to the numerous stakeholders involved in a practice sale.

 

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It’s no understatement to suggest that the last 18 months have had a significant impact on industries and individuals alike. With the unexpected advent of Covid-19, uncertainty was the byword for much of 2020, and even now as we head into the latter half of 2021, nothing is set in stone.

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When it comes to retiring or moving into new avenues, principal dentists are met with a number of choices. It can be hard to let go of a business that you have spent years investing time, energy and care into making success. However, outright selling isn’t the only option.

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‘Begin with the end in mind’ is a mantra used in dental circles, primarily relating to the clinical outcome of a case. It is what a more experienced clinician (mentor) may say to their less experienced colleague (mentee)

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Certain aspects of a practice are more valuable than others as they have a disproportionately large effect on the profitability of the practice. Accountants would call this ‘low hanging fruit’ as it is easily identified, if you know what you are looking for.

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Total 56 Articles - Page 1 of 12

 

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