Access to the most up-to-date information is essential for business owners throughout the profession. Dental Elite understands the value of data you can trust, sharing analysis each autumn of the profit and loss statements and reflecting on the data from the last year. The Benchmarking Report is now available to download for free from the Dental Elite website.
This year, the total average turnover reached an all-time high of £947,817. However, net EBITDA margins across all practices remained flat, at 21.09%. This resulted in a drop in absolute cash value to £185,145, indicating that high clinical gross margins were offset by increases in non-clinical fixed commercial overheads.
Regardless of whether you’re preparing to sell your practice, it’s important to have a good understanding of the financial landscape of the dental profession. This is the only way to prepare your business, and optimise growth effectively. Download your free copy of the Benchmarking Report today for a full breakdown, and contact the team at Dental Elite, who will be happy to support you.
For more information on Dental Elite visit www.dentalelite.co.uk, email info@dentalelite.co.uk or call 01788 545 900
