Squat Secrets To Success (...Spoiler Alert: Location, Location, Location) with Steve Kettle

Dentists Who Invest Podcast

09-10-2024 • 33 mins

You can download your FREE report on how you can avoid financial mistakes as a dentist using the link just here >>> dentistswhoinvest.com/podcastreport

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Ever wondered what it takes to land the perfect spot for a dental practice location? You’re in luck! In this episode, I sit down with Steve Kettle from Clover Dental Fit Out to reveal the insider secrets of property selection. Steve’s got years of experience under his belt, and he shares tips on key decisions like choosing between freehold or leasehold, understanding demographics, and finding those high-footfall areas near coffee shops and supermarkets. Plus, we dive into why good parking and the rise of practices in commercial office spaces can make or break your ideal dental practice location.

But that’s just the start. We also talk lease negotiations—think longer terms with break clauses, getting your rent deposit back after three years, and securing rent-free periods to cover setup and CQC approval. Steve and I get into the nitty-gritty of feasibility checks and competitor analysis to help you ensure that your dental practice location is a winner from day one.

We’ll also guide you through the essential steps of setting up a practice from scratch, from choosing the perfect visible dental practice location to planning for equipment, fit-out, and marketing strategies. Steve’s tips on picking experienced contractors and planning for cash flow during those crucial early months will give you a head start. Looking ahead to 2025, we stress the importance of forward planning to ensure your practice thrives. Don’t miss out—this episode is packed with expert advice to help you launch and grow a successful practice!

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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.

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