Financial Diagnostic

Helping you improve profits and growth

Financial Diagnostic

Helping you improve profits and growth

In a dental practice, a £1m turnover brings economies of scale on surgery space, wages, marketing, equipment and treatment provision. Profit margins improve and growth gets easier and you are able to seriously compete in the market. The first problem is getting there, the second problem is accelerating beyond this level to achieve the desired returns.

HOW IT WORKS

Our financial diagnostic will help you answer the difficult questions.
We will chart as many of your KPIs over time as possible, including:
Net practice growth
New patient value
New patient treatment plan take-up
Average patient value
Average daily yield
Profit / EBITDA

Net practice growth
New patient value
New patient treatment plan take-up
Average patient value
Average daily yield
Profit / EBITDA

With your help we will then answer the following questions:
How profitable is your business?
Is it growing or declining?
Are you, the owner, being paid properly?
Are the financials arranged in the most advantageous way for tax?
Which areas of your business are underperforming?
Which areas are performing well?

How profitable is your business?
Is it growing or declining?
Are you, the owner, being paid properly?
Are the financials arranged in the most advantageous way for tax?
Which areas of your business are underperforming?
Which areas are performing well?

This information sets a precedent. From now on you will notice the value of accurate business information. Having adopted the principles of sound financial diagnostics your business has acquired the necessary foundation for its future health and resilience.

We will chart as many of your KPIs over time as possible, including:

Net practice growth
New patient value
New patient treatment plan take-up
Average patient value
Average daily yield
Profit / EBITDA

With your help we will then answer the following questions:

How profitable is your business?
Is it growing or declining?
Are you, the owner, being paid properly?
Are the financials arranged in the most advantageous way for tax?
Which areas of your business are underperforming?
Which areas are performing well?

This information sets a precedent. From now on you will notice the value of accurate business information. Having adopted the principles of sound financial diagnostics your business has acquired the necessary foundation for its future health and resilience.

Our INSIGHT

"...what about providing holistic, commercial expertise to ambitious dental practices that want to grow their turnover, change their business model to meet personal objectives, or seek out higher risk/reward strategies?"
Ross Martin, Director at Hive Business.

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