Practice Purchase Review

Helping you reach your goals

Buying a Practice

Helping you reach your goals

Once you have a realistic idea of how the next five years look you may feel differently. The earlier you are in the process the more we can help. We’ll examine whether the property you’ve found is a viable investment for you based on your projected debts and income.

If you’ve just started looking we can help you shortlist properties that match your requirements, and if you aren’t sure what those requirements are we’ll help you articulate them by talking to you about how much you want to work and what you want to earn. Perhaps you don’t enjoy clinical dentistry and want to create a practice that runs itself. There will be an ideal purchase out there for you.

 

HOW IT WORKS

How the Hive practice purchase review service works
The Hive practice purchase review service depends on an intensive engagement process where we appraise your personal and professional goals and your personal qualities (which might include psychometric testing). We’ll then evaluate your other options. We’ll ask you to be as open as possible because we don’t want anything to come back and haunt you.
The Hive practice purchase review service depends on an intensive engagement process where we appraise your personal and professional goals and your personal qualities (which might include psychometric testing). We’ll then evaluate your other options. We’ll ask you to be as open as possible because we don’t want anything to come back and haunt you.
This is probably the most important financial decision you have ever made and it’s worth spending time getting it right because you don’t want to find yourself in a financial trap. The cost of doing business in dentistry is rising, many practices are overvalued and competition is stiffening. You need the right launch to secure your future. If you do buy a practice it should be part of a strategy that delivers your objectives. We’ll identify the options that serve your objectives best. If you aren’t sure what your objectives are then we’ll help you articulate them.
This is probably the most important financial decision you have ever made and it’s worth spending time getting it right because you don’t want to find yourself in a financial trap. The cost of doing business in dentistry is rising, many practices are overvalued and competition is stiffening. You need the right launch to secure your future. If you do buy a practice it should be part of a strategy that delivers your objectives. We’ll identify the options that serve your objectives best. If you aren’t sure what your objectives are then we’ll help you articulate them.

Our INSIGHT

"NHS contracts are, quite amazingly, still seen as a no-brainer by most dentists looking to acquire a practice, and it’s easy to see why: guaranteed income, easy finance, and the groupthink security blanket of “if it’s good enough for everyone else, it’s good enough for me."
Ross Martin, Director at Hive Business.

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