Selling your Practice

Helping you plan for the future

Selling your Practice

Helping you plan for the future

Most dentists still regard their practice as their pension, and yet they realise too late, often well into their 50s, that to derive maximum wealth from it they must adopt a strategic approach to driving up its market value.

HOW IT WORKS

If your business is already in gentle decline, where do you start?

If you want the best price for your practice you must present buyers with a compelling business proposition. A record of consistent growth and profitability is the evidence they will expect to see.

A Hive Diagnostic Day will assess its strengths and weaknesses across financials, business management and marketing. Our will help you build a plan, and our multi-disciplinary in-house team will provide the services you need to implement the plan.

If you want the best price for your practice you must present buyers with a compelling business proposition. A record of consistent growth and profitability is the evidence they will expect to see.

A Hive Diagnostic Day will assess its strengths and weaknesses across financials, business management and marketing. Our will help you build a plan, and our multi-disciplinary in-house team will provide the services you need to implement the plan.

Our INSIGHT

..."the people in their 50s who haven’t yet sold may well be burdened with unmarketable practices in just a few short years. Look at what is happening to younger associates who are buying practices today. The prices they are paying are changing the market — they are being forced to mature in a business sense and accordingly the market is being forced in a direction that I believe in five years will be alien to an owner who operates their practice the same as they did prior to 2008."
Ross Martin, Director at Hive Business.

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