Dental Practice Sales, Practice Preparation, Exit Planning and Patient Management

Exciting News: We Have Introduced a World First New Service “PRACTICES WANTED”!

For the past fifteen years, we have focused solely on posting dental practices currently for sale. While this method has worked, it has become clear that it’s somewhat outdated. Once we receive a

75% of Australian Dental practices are family-run and will never be sold into the corporate world

In Australia, 75% of practices are family-run and will never be sold into the corporate world for several reasons. They are small, more efficient, provide personal service, and, in most cases, highly profitable. Building

Why Planning For Exiting Your Dental Practice Is Essential

Why 25% of dental practice owners are poor planers for exiting their practice at retirement While it’s challenging to provide an exact percentage or specific data on the financial planning of dental

Prepare It Like You Would Want To Buy It

A dental practice that is poorly prepared may struggle to attract potential buyers and may face challenges in selling. Here are some reasons why: 1. Financial Health: Prospective buyers will likely scrutinise

Planning for a Successful Dental Practice Exit

Over the years, I have been asked countless times to assist dentists in planning a successful exit from their dental practice, which is no mean feat.Here is a basic overview as a starting point through

Payroll Tax – Who Will Be Paying The Price?

Recent revenue rulings in NSW and VIC, mirroring rulings already released in QLD and SA, now mean that Medical (Dental) practices may be liable for payroll tax on payments made to independent contractors.

Why Do Practice Valuations Need To Be So Complicated?

For the last twenty years, I seem to be at odds with the valuation methodology used when assessing the true value of a smaller dental practice.Somewhere along the line, someone said practices need to be

When Considering Selling, Are Corporate Practice Sales Really Worth The Effort?

Having been in the dental industry for over twenty years, I have spoken to many dentists wishing to buy or sell practices.There are just as many reasons for wanting to sell as dentists wishing to buy a

Superannuation Just Do it!

As we are nearly at the end of the financial year, I thought it appropriate to call on one of our Dental Practice Accounting and Consulting advisors for some insight into Superannuation for Principals,

Dental Practice Valuations: Basic Facts Dentists Need to Know Guest writer Graham Middleton Part two

Dental Practice Valuations: Basic Facts Dentists Need to Know Guest writer Graham Middleton Part two Accountants’ Knowledge of Business Lacking! Looking back a few years, the respective failures