It is no secret that dental practices are currently in high demand and as a result this has a knock-on effect on Goodwill values which remain stubbornly high.
If you’re just starting out and looking to take your first step onto the ownership ladder, it may feel that practice ownership is beyond your reach. However, with a bit of planning it is possible.
For example, if you’re looking to buy a practice for £400,000, you will typically need a  cash contribution of 10%, so that means a deposit of around £40,000 plus a separate sum to cover legal/purchase costs.
With this in mind, it’s important to start as early as possible with saving for this deposit so you can make the move into practice ownership at the right time for you.  We can help with this planning, just give us a call on 0330 088 1157.