Our Managing Director, Lis Hughes, recently joined Chris Barrow and Ashley Latter on their podcast “Two Reds are Better Than One” to talk about why 2024 will be a great time to buy a dental practice.
During the conversation Lis discusses topics that will be of interest to all existing owners and equally those who aspire to buy a practice:
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The current challenges we face
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deal flow
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goodwill values
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recruitment & retention
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corporate consolidation
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white space
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high interest rates
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The most important question any potential buyer must ask
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Why an NHS/private mix represents a good buying opportunity
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Ideas to maximise the attractiveness of your practice if you want to sell
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How to get the bank to say “Yes” to funding your purchase
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Why you need to start talking 2 years before you sell or buy
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Why a dental plan can make your practice look more attractive to the bank
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Why flexible UDAs have changed the landscape
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What we need to do to make NHS delivery more attractive to associates
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The real due diligence – affordability
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The next 12 months – opportunity knocks
Listen to the podcast now via your favourite streaming service or the player below.