Buying a Dental Practice
In this section, we cover everything you need to know before you think about buying your own dental practice, office or DSO.
There are several opportunities that exist which enable dental surgeries to be purchased at a reasonable cost. However, it’s important for any prospective purchaser to be flexible when it comes to the location of a practice. Moving may be necessary in order to secure the best opportunity for growth and success.
It’s important to decide which is the best type of practice from a personal perspective. NHS practices tend to have a more regular guaranteed income, whereas private dental practices tend to allow more room for innovation and can grow rapidly in the right circumstances.
Buying a dental practice could be the biggest investment you make in your working life, therefore, it is essential you get this right, as second chances rarely come along.
In this section, we cover such topics as; buying your first dental practice, buying multiple practices, practice valuations, and the proper due diligence required.