Financial Tips for Medical Specialists - Page 7

5 min read

The significance of a medical practice’s name, visual and brand identity are often overlooked. …

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.…

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.…

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: …

5 min read

Whether you refer to it as a business health check, a financial health check, or financial review, going through business finances is not everyone’s favourite activity and can be daunting for practice owners. …

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.…

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. …

7 min read

With so much attention on the end of financial year, it’s important you have all your ducks lined up so that when this financial year closes out, you’re ready for the next. Here are 5 tips to get prepared.…

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. …

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. …