Category: Money

I refer you to Colin Campbell’s blog yesterday (and don’t forget to scroll down and read the subsequent comments added by myself, Colin and Steve Hudson): http://www.campbellacademy.co.uk/blog/the-future-of-dentistry Possibly one of the most important blog posts you will read this year? If (and only if) the alleged situation is accurate, it signifies the beginning of that…
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Payroll costs in dentistry are increasing as a percentage of sales. To maintain your profitability, are you going to have to pass on that cost to your patients? Consider the alternatives: pay less wages to fewer people pay yourself less make less profit It seems that most owners are choosing the last of these options.…
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Recently, I have met three young dentists who have bought practices under what I can only describe as questionable circumstances. Three different locations around the UK and yet the audit trail of events that is disturbingly similar: Existing owner in mid-50’s decides to sell whilst goodwill values are at an historic high; Sales figures for…
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A fascinating dinner in Harpenden last night with European and UK Audiologist of the Year, Robert Bieny, founder of Hearing Healthcare Practice. In his 5th decade of serving patients, Robert has that calmness and wisdom of experience that has me mentally noting the individual phrases he uses in answer to my many questions. I’ve been…
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