YOUR DENTAL PRACTICE NEEDS A SPECIALIST VALUER - FIND THEM HERE
Getting accurate valuations and costings for your dental practice is essential when you are planning a sale, acquisition or merger, or simply seeking funding
Your dental practice is a commercial concern, and has considerable value - but arriving at a fair value for it may be far from easy.
Specialist skills and understanding of the profession are necessary. Only experienced valuers with knowledge of the sector and of comparable and contemporary transactions evidence can provide the reasoned and informed advice you need.
At Rangewell, we can introduce you to the surveyors and valuers whose work for the dental sector is recognised by the profession itself - and accepted by banks, institutions and industry operators.
Having a professional valuation may be vital for your business plans and for the future of your practice.
The Rangewell Dental Services Directory
At Rangewell, as part of our commitment to the dental sector in the UK, we have a directory of professionals with the skills you need to support your business. These include:
- Sales and acquisition agents
- Equipment suppliers
- Legal Services
- Media services
A valuer is a professional who carries out inspections in order to help determine the current market value of a business property or a business.
With a general business, the role of valuer can be undertaken by an estate agent or qualified surveyor.
However, when asked to value dental practices, they may not have the specialist knowledge required to understand their true financial position.
A specialist valuer who understands the dental sector may be essential.
When do you need a specialist valuer?
Local authorities can also use valuers to help establish council tax and rating levels. Their focus will be on the value of the premises the business occupies.
A business valuation - as opposed to a property valuation - will estimate the economic value of a business.
This type of valuation is used by potential buyers to determine the price they are willing to pay for a business. Valuers may be called in by the vendor when a business sale is contemplated - although potential buyers may also appoint a valuer if they are considering purchasing.
In addition, lending institutions who may be considering funding a business purchase may call in a valuer to make an independent assessment.
A valuation process may also be required to resolve disputes relating to estates and taxation, divorce litigation and also for estimating the value of partners' ownership interest for during disagreements. In some cases, a court will appoint a forensic accountant to perform the business valuation.
In all cases, the valuer must have an expert understanding of the dental sector in order to fully appreciate the value and the potential of a business.
Our directory includes the values with the special knowledge required.
Finding the valuers who can support your dental practice
At Rangewell, we work with dentists across the UK. We help them secure the finance they need to buy, sell and operate their practice - whether they need to buy premises or to bring in the latest equipment.
This means that we work closely with many professional valuers serving the sector.
Please call us on 020 3318 2613 for details of specialists in your region.
Joining the Rangewell Dental Services Directory
Do you provide valuations for the dental sector? Please contact us to discuss being included in our services database. There is no charge for professionals who wish to be included in our dental ‘ecosystem’.
Call us now on our dental support line 020 3318 2613.
Download Rangewell’s free and detailed guide to Business Lending for Dentists
What type of commercial loans are available with practice financing?
What kinds of dental finance are there - including personal goodwill loans, practice financing, hire purchase, leasing, tax efficient borrowing solutions, credit lines and fixed rate equipment finance - from specialist lenders to give you peace of mind on loan products for any purpose.
How can Dental Finance benefit my dental practice?
How can they provide extra funds for you - without reducing funds available for your business?
Why you must find the right lender to cut costs
Is it important to use lenders that are authorised and regulated by the financial conduct authority for business loans?
The downsides of borrowing
What finance options are available for the dental industry for pieces of equipment - can I own equipment outright or is it or is it highly recommended to head down the route of leasing your equipment?
Do Asset Finance solutions incude dental equipment leasing?
What paperwork will you need?
Can terms be as long as 25 years for financing my practice premises?
Can I apply for finance to help with practice cash flow?
Guarantees and security
Is is better to use finance brokers when looking for practice finance?
Key Terms to check
An additional commitmentBorrowing may be a long-term commitment, with ongoing monthly repayments which will affect your cashflow.
You may need to repayIf you sell your business, you may need to repay your borrowing.
Borrowing may be a personal liabilityLending will be secured on your practice, but you may be personally responsible for repayment with some types of loan.
Our service is...
ImpartialTransparent and independent, treating all lenders equally, finding the best deals.
In-depthEvery type of finance for every type of business from the entire market - over 300 lenders.
In-personSpecialist Finance Experts support you every step of the way.
FreeWe make no charge of any kind when we help you find the loan you need.