So often sellers ask how they can increase the goodwill value of their dental practice. For those with one eye on selling their dental practice in the next couple of years the underlying profitability matters. This is what your buyer will be taking over and feeds heavily into the goodwill valuation of your dental practice. Whilst you cannot control the market, you can control your own practice and ensure your practice is in the best financial shape possible.
Whether you are looking to restore, maintain or grow your gross fees, doing so in a profitable way is the priority. This will ensure you will get the very best goodwill value for your practice.
There are a few areas you could focus on in your practice that would positively impact the goodwill value of your dental practice.  These include for example: reviewing your work/surgery opening hours, engaging your team, scheduling patient appointments to maximise surgery time, minimising downtime in the practice, reviewing your treatment pricing or boosting your marketing activity.