Retiring Dentist - Blog Archives

Dentists: Partner up?

So you have decided you want to acquire, but aren’t sure whether to go it alone.

Acquiring a dental practice with another Dentist is an option.

And it can be a good idea if you want to split the costs and the hassle!

But beware…

Partnering up means you will have to share the three ‘P’s’. Property, patients and profits!

Acquiring right first time is key and you can read all about your potential for growth and what not to do by downloading our eBook here on The 5 Fatal Errors made when buying a Dental Surgery.

Having an acquisition partner might end up being a trap you don’t want to be caught in, so weigh up your options before deciding.

You might discover that you can actually be the King or Queen of your own dental castle!

Best Wishes,

Kimberley Hagues

PS. If you are looking to grow your profits through acquisition then here are 3 ways I can help:

Download a FREE copy of our guide for advice on completing your due diligence in acquisition by clicking here.

Speak to one of our highly trained specialists who can give you a full dentistry market update and talk you through the acquisition process by clicking here.

And if you need assistance buying a dental practice then reply back with the word ‘assist’ and I will see if I can help!

Dentistry Owners Growing Pains!

It can be frustrating when a Dental firm achieves less than it should.

Are you putting so much time and effort into sustaining what you already have, that you don’t really see the potential for what ‘could be’?

And at this point in time, do you actually have any goals in place that guarantee the future growth and success of your business?

You cannot be afraid to set goals that will take you forward.

Because the worst thing to do in life is coast along thinking that it will be enough to get you what you want to achieve out of your working and personal life.

To quote a very famous saying “The definition of insanity is doing the same thing over and over again, but expecting different results”.

Well if you don’t have a secure goal going forward, then don’t expect different – and more successful – results!

What if one of your goals was achieving successful growth through acquisition?

And how do you expand such a goal so it reaches fruition?

Well the first step is to download our eBook here which contains important information on how many dental business owners have failed to achieve their goals by ignoring key points to think about when choosing the right acquisition that fits in with their existing business.

If you have no prepared goal about what you want your current business model and your new acquisition to achieve then you are setting yourself up to fail.

And for your firm to be really successful and to grow you need to do some forward planning.

Because pre-planning is what is going to help you achieve the highest dental business yields.

So if you are ready to start setting some goals to achieve great success, then here are three ways I can help!

Claim a FREE copy of our must have guide that reveals key points to adhere to when conducting important due diligence in the acquisition process by clicking here.

Would you like my team of experts and I to work with you to find the most attractive acquisition that will enhance you and your business? Book an appointment with us now by clicking here.

Have plans for acquisition but not quite sure where to start? Reply ‘Goal’ to this email and I will see if I can help.

Best wishes,

Kimberley Hagues

PS. Unlock the object of your ambition by downloading our eBookon acquiring a dental business now!

Dentists: Ready to Take the Next Step?

You can picture the scene right now; you’ve been working as a dentist for some time, and you are ready to take the next step.

Maybe you want to take your career to the next level, by actually owning a dental practice.

Perhaps you have acquired before, and you are looking to add to your existing business model through further acquisition

If this is true, then you have definitely been asking yourself this question, “How do I buy a top quality dental practice?

If you are smart, you will already be aware that acquiring a dental practice is a complex procedure and must be taken seriously.

If you are smarter, then you will do your research to make sure you know what is expected of you and what you can expect in your dental practice acquisition.

The first important step in this process is downloading our eBook on the Five Fatal Errors made when buying a dental practice.

Making a mistake can seriously hinder your chances of coming to the end of the acquisition process with a pearly white smile on your face and these errors are easily made with even the most experienced acquirers falling victim to them.

And because we know just how complex the process can get, we want to give you, the acquirer as much assistance as possible to ensure a successful outcome.

Ten minutes of your time is all it takes to be in the know so click here now for your free copy!

If you haven't bought before and you are wondering what on earth the process is and how you are going to achieve your dream of owning your own dental practice then familiarising yourself with the process below is your next step.

Step 1: Get a market update on top quality dental practices.

Step 2: You need to know how much it will cost for you to acquire the practice you are interested in. Is the price worth paying?

Step 3: If satisfied with the practice, be ready to negotiate your offer.

Step 4: Once an offer has been accepted you can then agree the terms of the acquisition.

Step 5: Ensuring you carry out strict due diligence is an important step in the process which you must not bypass under any circumstances.

And then of course there is the CQC process, and let’s not forget the contract creation!

Once due diligence has been successfully carried out…

Congratulations, you are now the brand new owner of a dental practice!

It seems so simple doesn’t it!

Let me assure you though that it isn’t smooth sailing because within the process there are questions from both sides which will need answering. Extensive due diligence to be carried out and of course negotiating your offer.

Which is why it pays to be prepared for the unknown regardless of whether you are a first time acquirer or not!

So download our eBook herenow, which contains our due diligence checklist. This list will help you assess critical areas of the practice to ensure there are no ‘cavities’ in the business and that you are getting exactly what you are paying for.

If you don’t you could find yourself lumbered with a dental practice that isn’t what you thought it would be and severely out of pocket!

Best Wishes,

Kimberley Hagues

PS. If you want to start on the journey to dental business acquisition then here are three ways I can help:

Claim your FREE copy of our guide to read about the 7 factors that reveal the profit uplift potential of your purchase.Found out how much money you could make by clicking here

To speak to one of our highly trained consultants who can advise you on Step 1 with what the market is up to right now, click Step 1 with what the market is up to right now, click here

And if you want to get your teeth into acquiring a dental practice but haven’t a clue where to begin? Reply back to this email with the word ‘Acquire’ and I will see if I can help.