John Clarke Archives - Practice Plan

21 Feb 2020 • Blog, Dental Landscape

Do dentists require a Hollywood investment to recreate the Hollywood smile?

The ‘Hollywood smile’ was once considered only attainable by ‘A-list’ celebrities. However, fast forward to a new millennium and achieving perfect, dazzling white teeth is now an affordable option for an increasing number of image-conscious…

29 Oct 2019 • Practice Management

Growing pains – are you doing enough to maximise the value of your practice?

In today’s saturated marketplace, most dentists can be forgiven for thinking they’ve ‘made it’ when they overcome stiff competition and secure funding to purchase a highly sought-after practice. But it’s surprising how often complacency can…

26 Sep 2019 • Blog, Practice Management

Stick or twist? Why buying additional practices could be your best move

Have you always dreamed of running multiple dental practices, or perhaps you’ve come across an opportunity that is too good to pass up? Some people are naturally entrepreneurial – they typically identify potential in everything…

26 Aug 2019 • Blog, Practice Management

Location, location, location – how the dental practice market varies by region

If purchasing a dental practice is at the top of your wish list, you might be interested to know the regional trends that are currently influencing practice sales and valuations. Recent market analysis, conducted by…

17 Jul 2019 • Practice Management

How to keep cool over your summer tax bill

While January’s self-assessment tax return date is firmly etched in the minds of most dentists, HMRC’s summer tax liability deadline of 31st July can often go unnoticed despite being equally as important. Paying the due…

1 Jul 2019 • Blog, Practice Management

Five things that can go wrong when buying a dental practice and how to overcome them

Buying a dental practice is a pivotal moment in your professional career but it can be overwhelming as well. Dentists can suffer many pitfalls, both during and immediately after the transaction process, so it’s essential…

20 May 2019 • Practice Management

Five steps to successfully buying your first dental practice

Purchasing a dental practice is an exciting landmark in your professional and personal development. However, anyone thinking of becoming a business owner must undertake considerable research and self-evaluation before turning the idea of buying into…

22 Apr 2019 • Practice Management

Banking on good service?

Whether you have recently purchased a dental practice, or are shopping around for a better deal, choosing the right financial provider to fulfil your requirements can play a vital part in your business’s success. With…

25 Mar 2019 • Blog, NHS

Why the numbers are adding up for private practice owners

The British Dental Industry Association’s (BDIA) recently published *Spotlight 2018 research has revealed an apparent sea change in attitudes towards NHS and private dentistry over the last decade. The BDIA’s survey, which examines the split…

28 Feb 2019 • Practice Management

Buying a practice in 2019? Five major trends you can’t afford to ignore

Things change fast in dentistry. Remaining ahead of the curve when buying a dental practice is a bit like trying to keep up with Usain Bolt in a 100 metre race. Without a considerable head…

24 Dec 2018 • Practice Management

Why dentists should be upbeat following changes to taxable benefits

Despite the horror warnings beforehand, Chancellor Philip Hammond’s final Budget before Brexit was reasonably favourable for dental professionals with some notable changes made to taxable benefits.

17 Nov 2018 • Practice Management

Four ways your dental practice could be losing money, and how to fix it

The dental industry is a dynamic sector characterised by growth and increased investor activity in recent years. Analysis conducted by IBIS World has revealed that the overall UK dental market size in revenue terms was…

20 Aug 2018 • Practice Management

Selling your practice to an associate – is it better the devil you know?

Irrespective of your current age, most principal dentists have retirement plans that include eventually selling their practice. Having evaluated how much money you will need to retire on and whether your practice is attractive to…

8 Aug 2018 • Practice Management

How do I choose and attract the best buyer for my practice?

Selling a practice can be one of the biggest decisions that you will make in your career and one of the key factors in the decision-making process is selecting who to sell to. Choosing the…

23 Jul 2018 • Practice Management

How dentists can take the heat off their summer tax bill

The recent mini heatwave may have been welcomed by the majority of Britons, however the summer months typically coincide with when businesses most feel the strain on their finances due to declining revenues. For some…

25 Jun 2018 • Practice Management

The rise of ‘patsumers’ – how can your practice meet their needs?

An emerging phenomenon driven by the impact of technology is set to directly influence the future of dental practice as we know it. The rise of the ‘patsumer’, a new buzzword to describe patients who…

30 Apr 2018 • Practice Management

Invest to impress – does your practice make the right first impression?

‘You never get a second chance to make a first impression’ is a phrase we often hear in life, whether it’s attending a job interview, going on a date (not that I can remember!) or…