S06 E10: Why 2024 will be a great time to buy a dental practice

S conversation with Lis Hughes - Managing Director - FTA   It’s not often that we get the chance to listen to an industry expert sharing with us her view of the dental landscape since lockdown to the present - and beyond.   Lis arrived at Frank Taylor Associates in 2008 to deliver some consultancy work - and has stayed there ever since, describing the company as a great place to work with nice people.   During our conversation we discuss topics that will be of interest to all existing Owners and equally those who aspire to buy a practice:   The current challenges we face deal flow goodwill values recruitment & retention corporate consolidation white space high interest rates The most important question any potential buyer must ask Why an NHS/private mix represents a good buying opportunity Ideas to maximise the attractiveness of your practice if you want to sell How to get the bank to say “Yes” to funding your purchase Why you need to start talking 2 years before you sell or buy Why a dental plan can make your practice look more attractive to the bank Why flexible UDAs have changed the landscape What we need to do to make NHS delivery more attractive to associates The real due diligence - affordability The next 12 months - opportunity knocks