Can you arrange a bank loan yourself for a practice purchase?
18-11-2020Can you arrange a bank loan yourself for a dental practice purchase? For those who aspire to ultimately become practice owners there is good news…. the banks very much view dentistry as a ‘green light’ sector and are prepared to offer generous terms to first time buyers. However, there are a few things you need … Continue reading “Can you arrange a bank loan yourself for a practice purchase?”
Tax Hikes?
17-11-2020Tax Hikes? This is BAD news – to be clear this is news about Business Asset Disposal (BAD) rate relief. Earlier this year Entrepreneurs Relief was changed to BAD rate relief. This change also meant the 10% tax rate reduced from £10 million to £1 million per person on assets being disposed of. Asset disposals … Continue reading “Tax Hikes?”
How did we end up here?
04-11-2020How did we end up here? Pre-Covid life for many was stable and consistent. As we head towards the end of 2020 so much is now in flux and new ways of living and working are subject to weekly review. The demand to buy a dental practice has blown up through 2020 but Covid only … Continue reading “How did we end up here?”
Is anyone buying a dental practice?
03-11-2020Is anyone buying a dental practice? Not surprisingly during the ‘lockdown’ period, the dental practice sales market slowed down. However, over the last few months, there has been an encouraging surge in activity and at Frank Taylor & Associates (FTA), there are now over 5,000 registered dentists looking to buy a dental practice. Having some … Continue reading “Is anyone buying a dental practice?”
Recent research on the buying and selling of dental practices
20-10-2020Recent research on the buying and selling of dental practices Recent research on the buying and selling of dental practices provided reassurance for Frank Taylor & Associates (FTA). The study, conducted independently by FMC, revealed that over 41% of dentists said they would use FTA to manage the process on their behalf. Unsurprisingly, 43% of … Continue reading “Recent research on the buying and selling of dental practices”
Selling a dental practice…. It’s so much more than just finding a buyer!
20-10-2020Selling a dental practice…. It’s so much more than just finding a buyer! If you’ve made up your mind to sell your practice, congratulations – it’s a big decision and one we’re sure you’ve not taken lightly! There’s a lot involved in a practice sale – the initial valuation and finding a buyer might seem … Continue reading “Selling a dental practice…. It’s so much more than just finding a buyer!”
The secret to a quick dental practice sale
13-10-2020Lis Hughes, reveals the secret to a quick dental practice sale…. I have been involved in hundreds of dental transactions and there is a recurring theme that stands out and is the best kept secret to a quick dental practice sale. This element of a transaction is single-handedly responsible for a deal taking up to … Continue reading “The secret to a quick dental practice sale”
Dentistry’s Best Kept Secret!
08-10-2020Dentistry’s Best Kept Secret! The dental sector, like most others, is adapting and changing to the new environment and in the last few months there has been an encouraging surge in activity with the number of potential buyers increasing and practices in more rural areas becoming ever more popular. If you’ve decided now is the … Continue reading “Dentistry’s Best Kept Secret!”
The Thinking Behind the Desire to Sell a Dental Practice
08-10-2020The Thinking Behind the Desire to Sell a Dental Practice In this recent article, published in Private Dentistry (September 2020 issue), Andy Acton looks at the main reasons for wanting to sell a dental practice. Read the article in full now.
Thinking of Going Solo when Selling a Dental Practice?
08-10-2020Following a recent surge in activity, we have a word of caution to practitioners thinking of selling their practice privately. “It’s so much more than just finding a buyer”, says Lis Hughes, Managing Director. “Firstly, you need to ensure the buyer is credible; you will need to vet them before disclosing any personal information. You … Continue reading “Thinking of Going Solo when Selling a Dental Practice?”