Is your practice ready to sell?

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What is a ‘Ready for Sale’ Health Check?

Our ‘Ready for Sale’ health check is an excellent way to make sure that when you decide to sell you get the optimum price for your practice and that the sale process is hassle-free and smooth.

Our comprehensive review will uncover any potential issues that will impact on the achievable sale price of your practice and give you valuable insight into business processes within your practice.

What does it include?

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• Review of financial controls in place
• Review of the use of practice CRM software with a focus on accuracy of records and utilisation of the software capabilities
• Review availability of book-keeping and/or usage of bookkeeping package
• Review method used to pay associates – is it compatible with typical practice sale requirements
• Review method used to pay associates – is it compatible with typical practice sale requirements
• Review of company balance sheet – check for sale issues e.g. not accounting for patient creditors and impact on retained disposal value
• Review typical recording processes around typically problematic treatment types, e.g. orthodontic
• Review KPIs – benchmark against typical averages

What happens once you’ve reviewed my practice?

Once we have reviewed the practice we will provide you with a written report offering you guidance on potential process improvements and an action plan to put you on the path to a seamless sale process when the time is right for you.

Additionally, we can also assist you in implementing any recommendations we may make as part of our health check* either directly or by putting in contact with a provider within our comprehensive network of dental sector professionals.

*- Additional fees will apply