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Thinking Business
a blog by Chris Barrow

Why 2024 will be a great time to buy a dental practice - a conversation with Lis Hughes

Oct 25, 2023
1 min read


It’s not often that we get the chance to listen to an industry expert sharing with us her view of the dental landscape since lockdown to the present - and beyond.

Lis arrived at Frank Taylor Associates in 2008 to deliver some consultancy work - and has stayed there ever since, describing the company as a great place to work with nice people.

During our conversation we discuss topics that will be of interest to all existing Owners and equally those who aspire to buy a practice:


  • The current challenges we face

    • deal flow

    • goodwill values

    • recruitment & retention

    • corporate consolidation

    • white space

    • high interest rates

  • The most important question any potential buyer must ask

  • Why an NHS/private mix represents a good buying opportunity

  • Ideas to maximise the attractiveness of your practice if you want to sell

  • How to get the bank to say “Yes” to funding your purchase

  • Why you need to start talking 2 years before you sell or buy

  • Why a dental plan can make your practice look more attractive to the bank

  • Why flexible UDAs have changed the landscape

  • What we need to do to make NHS delivery more attractive to associates

  • The real due diligence - affordability

  • The next 12 months - opportunity knocks


Listen to the podcast now via your favourite streaming service or the player below.






 
 
 

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