Short, Sweet and Super Important (Part 2)
14-03-2023Andy Acton of Frank Taylor & Associates continues his explanation of the importance of understanding your business’ EBITDA. ‘We’ve already discussed why understanding the underlying financials are a key part of our valuation process. I’d hesitate to say that ‘the devil is in the detail’ as the calculations aren’t fiendishly complicated, but it is important … Continue reading “Short, Sweet and Super Important (Part 2)”
Short, Sweet and Super Important
23-02-2023The use of acronyms is commonplace in most walks of life, and many have just become accepted as part of the language, even the oracle itself, the Oxford English Dictionary, is known in its shorter form of OED! To the uninitiated these abbreviations can seem overly complicated, daunting even, as the fuller and more easily … Continue reading “Short, Sweet and Super Important”
Peace of Mind, not Back of Mind
22-02-2023In day-to-day life, business and personal, we will often insure against the consequences of an undesirable event. Of course, we hope never to need to claim, whether it be for an accident, loss or theft of a valuable item, serious illness or death. It’s never nice to think about the circumstances which may necessitate a … Continue reading “Peace of Mind, not Back of Mind”
The Whole is Greater Than the Sum of the Parts
14-12-2022It’s been almost impossible to escape the sense of economic downturn, every news broadcast seems to bring more harbingers of doom, be it in the form of rising inflation and interest rates, a weakening pound and the likelihood of a prolonged recession. It’s hardly the stuff of cheer. It’s often at times like this that … Continue reading “The Whole is Greater Than the Sum of the Parts”
Controlling the Controllables
15-11-2022It’s hard to escape the current uncertainty in the economic environment; it seems after the lifting of covid restrictions the ‘new normal’ we all longed for is one of inflation, rising interest rates, a weakening pound and the spectre of recession looming ever larger. For the unprepared it could give you sleepless nights. Which is … Continue reading “Controlling the Controllables”
Celebrating a Century
08-11-2022Our latest Practice Value Index published in the October 2022 issue of Dentistry Magazine is a landmark one….it’s the 100th issue we’ve published! Reflecting on the longevity of the index, Lis Hughes of FTA, said, “We’re delighted and proud to achieve the 100 milestone, particularly because its publication and the research the team at FTA … Continue reading “Celebrating a Century”
Preparing for rainy days
13-09-2022Whilst many of us in the UK have been desperate for rain clouds to provide some relief from the scorching summer temperatures, many commentators will have you believe storm clouds seem to be gathering on the economic front. Recent interest rate rises have caused some reluctance from borrowers to either enter into, or complete, mortgage … Continue reading “Preparing for rainy days”
Procrastination is the thief of time!
10-08-2022Andy Acton of Frank Taylor and Associates recently led the keynote speech at the Start Up in Dentistry event, and was able to share his insights of, and experience in, the entire practice buying process with the attendees. “Well before the ink is dry on any contract, before a client has even started looking at … Continue reading “Procrastination is the thief of time!”
New Normal – what does that look like?
14-07-2022New Normal In the midst of multiple lockdowns, the phrase ‘new normal’ was an alliterative addition to all our vocabularies. At the time the term generally referred to the new way of life to which we were all adapting whilst restrictions were imposed. In fact, in the UK the last restrictions were only lifted in … Continue reading “New Normal – what does that look like?”
Don’t restrict your market
16-06-2022In most areas of life if we are faced with a decision in an area for which we aren’t an expert, we will seek professional advice, whether that is repairs to the car or the home or an appointment with the doctor. Put simply, we want to minimise the risk of making a potentially costly … Continue reading “Don’t restrict your market”