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Workplace Pensions – Get Started Today

19-03-2015

Have you heard about Workplace Pensions? The adverts are back in the media. Are you aware that as a practice owner (employer) you have a legal requirement to provide a Workplace Pension scheme for all eligible staff working within your business? Auto-enrolment is part of a Government initiative to increase private retirement savings within the UK. It is … Continue reading “Workplace Pensions – Get Started Today”

Selling Your Dental Practice – Top 10 Don’ts

18-03-2015

 Andy Acton, director and co-owner of Frank Taylor & Associates, explains more…. If someone (private approach, corporate, anyone!) knocks on your door do not accept their offer without getting the value independently checked yourself. Independently, means you find and appoint the valuer yourself and not be guided by the prospective purchaser to a valuer they … Continue reading “Selling Your Dental Practice – Top 10 Don’ts”

Workplace Pensions – Why You Should Start Today

11-03-2015

Getting started at anything is critical, yet we all tend to plan, ponder, strategize and contemplate rather than take actual action. To be a good golfer you need to get out on the driving range or play on a course. Spending time in the local golf superstore getting kitted out with the latest clubs, a … Continue reading “Workplace Pensions – Why You Should Start Today”

Selling your business

26-02-2015

Selling your business doesn’t start with approaching an agent with a view to finding a buyer, or it shouldn’t. You might be surprised by the lack of preparation many business owners undertake prior to deciding to sell. Being poorly prepared doesn’t mean you get to side-step the necessary work it just shifts when it gets … Continue reading “Selling your business”

It’s a great time to sell

17-02-2015

When Mr Manji started to put in place plans for his exit strategy and the eventual sale of his dental practice in London, he approached Frank Taylor & Associates for advice and a valuation of the business. “From the very first time that I met Andy Acton in 2006, I felt very comfortable with his … Continue reading “It’s a great time to sell”

Preparing to sell

10-02-2015

Success is Where Preparation & Opportunity Meet Preparation time is rarely time wasted. At a low level, I am sure we have all had situations where we have left the house ill-prepared to realise that a coat or gloves would have been a good idea through to a whole day spent on fine tuning a … Continue reading “Preparing to sell”

Do What is Right When Selling

22-01-2015

Andy Acton, Director of Frank Taylor & Associates, sums up the importance of doing what is right when selling your dental practice. I am sure we’ve all had situations where we have known what the right thing to do is, but paused. Doing the right thing is sometimes a complex conundrum. Would you be brutally … Continue reading “Do What is Right When Selling”

Selling for free doesn’t make commercial sense!

22-01-2015

It is well known that we all like something for free, in fact it recently ranked 2nd in a recent poll of our most favourite things! However, like most things in life there are always exceptions. We all know that tomatoes are a fruit but would you add them to a fruit salad? And remember … Continue reading “Selling for free doesn’t make commercial sense!”

What to expect in 2015

23-12-2014

Lis Hughes, Managing Director of Frank Taylor & Associates, looks back at 2014 and reflects on trends in the market.   We’ve seen a consistent sellers’ market all the way through 2014 and can see no reason why that’s going to change in 2015, however we don’t have a crystal ball! At the beginning of 2014 … Continue reading “What to expect in 2015”

How to Accurately Assess the Value of a Dental Practice

18-12-2014

You can argue that valuing dental practices is art or science – the reality is it’s a bit of both. If you just follow science and base a goodwill valuation around financial measures (gross, profit, EBITDA etc.) alone without taking into account factors such as location and demand then you will come up with a … Continue reading “How to Accurately Assess the Value of a Dental Practice”

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