Check if your dental practice qualifies for capital allowances here >>> https://www.dentistswhoinvest.com/chris-lonergan
———————————————————————
UK Dentists: Collect your verifiable CPD for this episode here >>> https://courses.dentistswhoinvest.com/smart-money-members-club
———————————————————————
Starting a dental practice from scratch at 25 is either madness or the fastest business education you can buy. We sit down with James and Katy Nolan, who did exactly that by launching a private dental squat, learning compliance and operations as they went, and then choosing to go back for more with a second location.
We get honest about why they avoided buying an existing practice and paying goodwill, and why having full control over the brand, the fit-out and the patient experience mattered. They break down the less glamorous realities that hit new owners hardest: cash flow, overheads, staffing, planning, CQC rules, and the moment you realise a dental practice is a business with marketing and sales at its core, not just a place to do dentistry.
Then we dig into the practical stuff every UK dentist wants to know, especially principals thinking about a squat practice: how they filled diaries with almost no budget, including a bold Instagram DM strategy, virtual consults and an early focus on testimonials and transformations. Finally, we zoom out to scaling, discussing systems, managers and the shift from working in the business to working on the business, plus why the second practice can feel even more demanding than the first.
If you’re weighing up a dental squat versus buying, trying to grow a private practice, or wondering whether ownership will give you freedom or become a ball and chain, this one will give you clarity. Subscribe for more, share it with a colleague who’s planning a squat, and leave us a review with your biggest question about practice ownership.
———————————————————————
Disclaimer: All content on this channel is for education purposes only and does not constitute an investment recommendation or individual financial advice. For that, you should speak to a regulated, independent professional. The value of investments and the income from them can go down as well as up, so you may get back less than you invest. The views expressed on this channel may no longer be current. The information provided is not a personal recommendation for any particular investment. Tax treatment depends on individual circumstances and all tax rules may change in the future. If you are unsure about the suitability of an investment, you should speak to a regulated, independent professional. Investment figures quoted refer to simulated past performance and that past performance is not a reliable indicator of future results/performance.