Are you missing out on profit?
The longer you wait to undertake a practice valuation, the more likely you are to miss out on new revenue opportunities or lose money when it comes time to sell.
Your practice could be losing thousands in value just by delaying your valuation.
51% of dentists say they spend too little time on improving their practice and innovating (Dentally White Paper)
Increased competition means dentistry is more competitive than ever. And you are already working long hours, sometimes running your practices single-handedly and managing multiple sites. This high level of stress is often a major factor in many dentists wanting to close or sell their practice.
You may be too busy to put into place strategies that will free up your time or a system that can save you money. As well as increasing your profit, a system that saves you money will help to increase the value of your business.
An example of how a practice valuation can help your practice can be shown below:
On average, we have found practice values have increased by 13% year on year.
MediEstates can help. We can work on a plan for you that will reduce your time spent on compliance and administration to allow you to focus more time on your practice’s needs.
What if we could show you a way in which you could feel confident about your practice’s prospects, and start preparing for your retirement early? This approach will give you time to focus on your dentistry with an exit of your dreams in the future.