The Dental Business Guide

Struggling with the burden of high-interest loans in today's volatile economic climate? This episode promises to arm you with strategies to manage those financial pressures, especially if you're part of the dental industry. We'll dissect the recent surge in interest rates and what it means for your monthly payments and cash flow. Learn how to navigate this shift from a seller's to a buyer's market, ensuring your practice is presented in the best possible light for potential buyers.Do you know how refinancing could transform your business's financial health? We shed light on the strategic advantages of refinancing business loans, from lowering monthly repayments to consolidating short-term, high-interest loans into a single manageable one. Discover how you can free up capital for investment or savings and even remove extra security like a second charge on your property, simplifying your financial management. Our real-world examples will illustrate how even small interest rate reductions can lead to substantial savings over time.Maximize your practice's financial deals by comparing offers from multiple banks, and learn the benefits of joining a buying group to slash costs on essentials like consumables and utilities. We'll also explore how these cost controls can impact your practice's valuation if a sale is on the horizon. Plus, we address a listener's query about securing finance for a startup, stressing the importance of refinancing options and leveraging resources for stability. Don't miss our wrap-up where we address your final questions and provide further guidance. Tune in for comprehensive insights and actionable advice to navigate the current financial landscape.

Are you prepared to master the complexities of dental group finance and growth strategy? In this episode, we promise you'll uncover the secrets of organizing accounting and finance functions to maximize the value of your dental practice or DSO. With over 20 years of experience, our host Aaron shares his expert advice on structuring acquisitions, managing finances, and avoiding common pitfalls. Whether you manage a single practice or are expanding into a dental group, learn how to implement best practices for long-term planning and operational efficiency.Discover the transformative power of optimizing your accounting and technology processes. Aaron discusses the advantages of a holding company structure for managing multiple business entities, emphasizing tax efficiency and transaction simplification. Learn about the best technologies and software, such as Xero, Sage, Approval Max, and Telluride, that can revolutionize your financial management. Understand the importance of standardized charts of accounts, centralized purchasing, and hierarchical approval mechanisms to enhance your practice's efficiency and accuracy.Finally, gain insights on the necessity of regular financial and accounting health checks to maintain a robust financial framework. Aaron provides real-world examples illustrating the consequences of poor bookkeeping and offers essential tips for accurate financial management. Learn to adopt a systems-based mindset and leverage external expertise to make informed, data-driven decisions. Discover the critical need for clarity in financial numbers when scaling up operations, managing larger borrowing, and navigating increased risks, ensuring your dental group's financial health and future success.

Is your dental practice ready for sale? Many dentists find themselves unprepared for the complex process of selling their practice, especially in today's volatile market. Aaron and Dan are here to guide you through every critical step. Starting with an analysis of current market trends, we unpack the growing preference for private squat practices amid high-interest rates and a slowdown in corporate acquisitions. Discover why it's crucial to adapt your business model now and how to navigate the economic uncertainties that might otherwise delay your plans.Planning to sell your practice involves more than just a decision—it's a strategic, multi-year endeavor. With Aaron and Dan's expertise, you'll learn why planning at least two years ahead is essential for maximizing your practice's value. We discuss whether to sell outright or retain elements like the freehold, and the implications of staying on post-sale. Plus, uncover the importance of accurate financial data, specialist advisory teams, and a strong network to attract serious buyers. Don't miss this episode loaded with valuable insights for any dentist contemplating the sale of their practice.

In this episode, Chris and the finance team talk about the Samera Dental Buying Group, what it is and how it can help dentists get exclusive deals on their products, consumables and services absolutely free!

In this recording Arun and Dan discuss the tactics to manage interest rates and control the impact of inflation in your dental practice.

In this episode, Chris talks to Dan and Nigel about financing a new dental practice, whether you're starting from scratch or buying an existing practice. 

In this episode, Chris, Dan and Nigel discuss the how, when and why about buying the freehold of your leasehold property. •            Are freeholds available?•            Is it worth asking if they are for sale?•            What are advantages of buying over leasing?•            Do banks lend over a longer term?•            What loan percentage is available?•            How do I structure the purchase – ltd company?•            Are banks still lending?•            What rate can I expect on the loan?•            What would I need to take forward an application?•            Why use a broker?

In this episode, Chris and Dan discuss how dentists can use asset finance to fund the growth of their business. Why would a dentist need to use asset finance?What types of equipment can they finance?What is the maximum repayment term that they could expect?What rates could they expect on asset finance?Will they be charged for arranging the finance?What information will they need to provide to arrange asset finance?How quickly can asset finance be arranged?

Arun and George discuss the rise in cyber threats for your business. Cyber attacks are becoming more and more prevalent. Small and Medium size businesses are at great risk for the main reason that there's no infrastructure to protect them. Listen along to discover ways you can stay #CyberSafe

Arun discusses the dental market and the factors impacting the demand for dental practices

Arun invites Samera's latest team member, Gurpreet Kunner to talk about dental consumables and how Gurpreet can help dental practice owners spend less on consumables! 

Arun Mehra and Dan Fearon discuss raising finance for acquiring a pharmacy

Extracted from a webinar hosted by Arun Mehra, the CEO of Samera Business advisors; Arun talks and guides you through the ways how Google is updating and changing and how it will affect the ways you can market your dental website. 

Arun Mehra, the CEO of Samera Business Advisors has been helping dentists achieve their dreams with running and starting their dental business for over 20 years. The next 12 months are going to be tricky to predict, especially while we are still in the middle of a global pandemic. These are his viewpoints. 

Arun speaks with Dr Smita Mehra Clinical director of the The Neem Tree Dental Practice and discusses how emergency patients can build your private dental practice 

George, Nikita and Chris talk about ways in which you can grow your dental practice / office for free! The phrase "Nothing is free in this world" is not 100% true, because we are talking about 5 free with no strings attached, ways in which you can grow you practice!

Arun Mehra talks about the recent budget announcement from Rishi Sunak and its implications for dentists. 

After today's budget announcement from Rishi Sunak, Arun discusses initial options for dentists.

Chris and Arun discuss 5 key traits of failed dental start up's, so make sure you avoid these when starting up a dental practice 

George, Nikita and Chris discuss the ways you can market your dental practice to millennials

The Dental Business Guide is here to help you learn the ins and outs of starting your dental practice. Whether you're looking for advice on money, marketing or even management, this podcast will help you run a better dental businessHosted by the team at Samera, this is over 30 years of knowledge of the dental market condensed into one podcast

Arun is joined by Chris O'Shea, our resident SEO specialist. Chris shares his tips on SEO for your Dental Practice

Arun is joined by Kate Ford from Rudlings Wakelam Solicitors to discuss some of the key legal pitfalls to avoid when buying a dental practice.

 Arun discusses why leadership is so important with Simon Gambold of "Engage the Team". If you are running a dental practice or thinking about running one leadership skills are essential to grow a successful practice.

George an Nikita talk about the use of video to help market your dental practice. Video is a tool that is often over looked, but we think is essential to standing out. Video can make your practice seem more personal; you get to know the dentists on a personal level. 

George, Arun and Nikita have a discussion about different ways you can market your dental practice online. Nikita is Samera's Social Media Manager / Expert; working primarily with Instagram, she has grown various pages from no engagement, to starting to have our presence known in the online space. Listen in to learn more

Arun and Nigel talk about the current private dental practice market in 2021. Nigel Crossman is the head of commercial finance at Samera Finance. He specialises helping dentists secure the finance to open their practice. What's the private dental practice market like in early 2021? Obviously in early 2021, the UK is in lockdown 3.0. How has this affected the dental market? Find out in todays episode of "The Dental Business Guide"

Arun and Nigel talk about secondary sources of finance

Nigel Crossman and Arun Mehra talk about raising finance for your Squat Practice. 

Smita talks about different ways in which you can market your new dental pratice online. Using Facebook, Instagram, Google AdsDr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

Dr Smita Mehra talks about different ways you can market your new dental practice "offline". The use of flyers, joining networking groups, letting the word out in local communities etc.Dr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

Dr Smita Mehra discusses concern meetingsDr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

Smita talks about staff in todays episode of the Dental Business Guide. Staff are one of the most important and essential assets you will need with your dental practice. Don't make mistakes like Smita has in the past. Learn from her mistakesDr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

Smita talks about recruitment. What staff do you need? How many Nurses do you need? All answered in todays episode of the Dental Business GuideDr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

In todays episode Smita talks about location. Location, location, location, its almost just as important as dentistry itself!Dr Smita Mehra is the Principle dentist at the Neem Tree Dental Group. Smita has set up and started 4 dental practices. With over 20 years' experience working as a dental practice owner, Smita knows the "ins and outs" of dental business. Follow along as she shares her tips and tricks.

Arun shares his 20 years of experience in the dental market, and these are his 11 financial tips for young aspiring dentists

Arun and George talk about different ways in which you can legitimately reduce your tax bill

Arun and George discuss ways in which dental practices can streamline and organise its finances.

George and Nikita talk about the pros and cons of using social media to market your Dental Practice. Which platforms do you focus on? Twitter, Facebook, Instagram of another? Find out in todays' episode of The Dental Business Guide!

Arun and George discuss what a business plan is and what it should include. Do you need a business plan for Dentistry? When should you update your business plan? Do you write it yourself, or get someone to fill it in for you? All answered on todays episode of he Dental Business Guide!Samera Business Advisors are the leading firm in helping aspiring dental practice owners achieve their dreams of opening their dental practice. Need our help? Whether its your first practice, or your hundredth, we can help.

Arun and George discuss what you need to start a successful dental practice business from the group up. What staff do you need? How do you market your new practice? How do you stand out?All answered in todays episode of the Dental Business Guide!Samera Business Advisors are the leading firm in helping aspiring dental practice owners achieve their dreams of opening their dental practice. Need our help? Whether its your first practice, or your hundredth, we can help.