Practice Purchase and Growth - Page 4

Considerations for Private Practice from starting up or buying in to being the boss.

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PARTNER POST: Why good business owners sell strong practices

9 min read

One of the first questions that a buyer will ask when a business is for sale is, “Why are they selling?”. According to Simon Palmer, when the business is strong and the vendors seem young and healthy, buyers will often show some incredulity.…

TipsDental
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practice owner
Three common pathways to practice ownership

8 min read

Often one of the most common questions that comes up is whether to buy in or buy outright. While the answer may come down to circumstances and available opportunity, there are a few factors you should consider before making the decision.…

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PARTNER POST: How to create a successful healthcare business

6 min read

Successfully creating and growing a thriving healthcare business is vital to both your bottom line, your staff retention and your patient experiences. There are many contributing factors that assist as the key ingredients to ensuring its success.…

TipsDentalMedicalVeterinary
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How can I get my practice loan approved quickly?

7 min read

Whether it’s a small purchase or a sizeable one, you may find that you need finance to help your business grow or get started. …

DentalVeterinaryMedicalPractice Loans
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patient
PARTNER POST: Why now is a great time to sell your practice

8 min read

According to Sally Stuart, Business Sales Specialist at LINK Business, whether 2022 has you feeling like you are part of this camp, or perhaps you are coping okay and even finding ways to grow your business, the questions still exist: …

TipsDental
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What’s your practice’s purpose? Image
Why having a purpose is crucial to your practice

5 min read

Buzzwords like cultural transformation, leaning in, or adages like ‘applying a bottom’s up approach’ and even ‘killing the sacred cow’ have the tendency to become generalised or so trendy that they do not result in any real, practical application for businesses.…

TipsVeterinary
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dental
Practice Funding 101: simple and tailored solutions

3 min read

Credabl’s finance specialist, Ali Joyce, presented at a Henry Schein webinar in June, covering these common questions as well as the key considerations and the logic behind setting up.…

DentalVeterinaryMedicalFinance
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dentist owner
PARTNER POST: Avoid becoming a boiling frog in practice ownership

8 min read

According to Simon Palmer, Managing Director of Practice Sale Search, it’s a timely reminder for businesses to assess whether they are in danger of complacency, which could hurt the bottom line. …

TipsDental
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shareholder
PARTNER POST: Why not having a shareholder agreement can harm your practice

8 min read

If you can lead a horse to water … you can lead a multiple owner dental practice to a shareholder agreement! We are experiencing an escalation in dental clients who are 25%, 50%, etc. owners in their dental clinics having disputes with their fellow owners. …

TipsDental
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PARTNER POST: Why the staff will stay when a practice goes for sale

6 min read

It is quite common for practice owners to be fearful of how the staff will react if they learn that their practice is for sale. While it is, of course, always possible that a practice could experience some staff attrition when it changes hands, it is, in fact, extremely rare. …

TipsDentalMedicalVeterinary
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