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.
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