Behind the Sale!
05-10-2023We love it when we can achieve a great result for our clients and an above asking price offer is just that! We recently handled a practice sale for the owner of a two surgery, NHS practice in the West Midlands. The practice was valued at just under £800,000 and received lots of interest when … Continue reading “Behind the Sale!”
Behind the Sale!
26-09-2023We’re often asked how long it takes to sell a dental practice. The honest answer is that the speed of a sale depends on several factors, such as the level of interest we receive once the sale process starts, whether a buyer already has funding in place through to the speed which the seller completes … Continue reading “Behind the Sale!”
Leasehold or Freehold: The Hidden Detail
21-09-2023The purchase of a dental practice, or indeed any property or business, should be the culmination of a series of well thought out and researched decisions. These will be the purchaser’s assessments on the location, style of property, accessibility, the client base, the opportunity and affordability of any improvements you may wish to make, and … Continue reading “Leasehold or Freehold: The Hidden Detail”
Behind the Sale!
14-09-2023Clients come to us for help selling their dental practice for all number of reasons…retirement, pursuing other interests, change of career to name just a few. However, occasionally we are asked to sell a practice as quickly as possible due to much sadder circumstances such as this recent sale we handled for the owner of … Continue reading “Behind the Sale!”
No Need to Fear the Legal Minefield
22-08-2023We’ve discussed before that for many in the industry buying and/or selling their dental practice will be one of, if not the, biggest financial transaction of a lifetime, and what steps can be done to maximise that value. Of course, getting a good valuation is critical, but it means nothing unless it can be realised, … Continue reading “No Need to Fear the Legal Minefield”
Practice ownership in the current dental landscape
17-08-2023Our Managing Director, Lis Hughes, recently joined Nigel Jones, Sales and Marketing Director at Practice Plan Group to discuss the current dental sales market, the effect on practice ownership and points to consider when buying or selling a practice. What you’ll hear: An update on the current dental landscape and sales market What are people … Continue reading “Practice ownership in the current dental landscape”
Do you know your escape velocity?
15-08-2023Until today, the expression was unfamiliar to us too. It appears to denote the speed at which one can finalise the sale of their business. Our most accomplished clients are thoroughly prepared and possess the ability to rapidly conclude transactions, wrapping up all loose ends within a span of 120 days. We refer to this … Continue reading “Do you know your escape velocity?”
Tell us what you think!
15-08-2023Here at Frank Taylors & Associates we recognise there are many elements that contribute to the well-being of a dentist and would really appreciate it if you could give five minutes of your time. We are trying to collate data which we could use in a report later in the year and are asking dentists … Continue reading “Tell us what you think!”
Goodwill Hunting – Part 2
12-07-2023Lis Hughes of Frank Taylor & Associates continues her discussion on how to increase the goodwill in your practice. Last month we looked at lease lengths and potential extensions, the benefits of doing work ‘in house’ rather than onward referring. This month we look at efficiency, maximising the return on your assets and what a healthy … Continue reading “Goodwill Hunting – Part 2”
We’re not like everyone else!
06-07-2023To explain more about our unique approach, we’ve produced a short video….. If you’d like to find out more about how we can work with you, please contact our team on 0330 088 1156.
