Whilst practice values remain high, and increasing numbers of Dental Corporates continue to acquire quality practices, a popular option for potential first-time owners is setting up a Dental Practice from scratch.
Instead of paying for goodwill that may walk out the door, you can set up and build a successful practice from scratch. However, it requires an important set of skills that not everyone has.
Starting your own practice has its own set of advantages and disadvantages, compared with buying an existing practice. When starting your own practice, you need to consider location, services you can offer and how to attract patients who may already have their own local dentist, amongst a whole range of other considerations.
Once a dental surgery has been purchased or set up, it’s important to ensure that CQC registration has taken place and that the right team is in place at the surgery. Everyone working at a dental practice should be invested in its culture and ethos.