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

25 October 2023

Our Managing Director, Lis Hughes, recently joined Chris Barrow and Ashley Latter on their podcast “Two Reds are Better Than One” to talk about why 2024 will be a great time to buy a dental practice.

During the conversation, Lis discusses 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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