It’s easy being successful when you are successful. What requires strength, fortitude, stamina, an unshakable belief, vision, determination, drive, passion – is being successful when you are not. Every business goes through cycles – we live in a cyclic world – seasons, planets, days and nights, menstruation, the rhythms of music, economies, religions.
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Practice Turnover £500,000 £1.2m £2m % of practices in cluster 80% 15% 5% Key Performance Indicators Lab fees as % of sales 10% 12.5% 14% + 10% for implant components Materials as % of sales 7% 7% 7% Staff costs as % of sales (PAYE) 17.5% 17.5% 21% (management team) Target net profit before tax
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The latest issue of Business of Dentistry magazine contains an interesting article written by Ian Simpson, an accountant from Humphrey & Co and member of The National Association of Specialist Dental Accountants and Lawyers (NASDAL). NASDAL’s annual benchmark report (complied from over 700 NHS and private practices) reveals interesting numbers: 2009/2010 (000’s) 2010/2011 (000’s) Average
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Some of you may have watched a brief but fascinating interview with Team GBR Cycling Performance Director Dave Brailsford on BBC TV earlier this week. Sadly, the constraints of ‘sound bite’ media restricted Gary Lineker to just a few moments before the day’s coverage ended, but even those moments were priceless. When asked to
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A rash of calls and emails recently about the performance and/or behaviour of team members. Always mindful of the late Stephen Covey’s expression “if there is a problem with the team, the problem is you!” Harsh maybe – but a closer examination of circumstances will often reveal that truth. There are two types of organisations:
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The FACE Team’s Implantology Year Programme teaches the general dental practitioner to carry out surgical and restorative implant procedures in a predictable way, providing excellent long term aesthetic results for their patients. Presenters: Dr Fazeela Khan Osborne, Neil Cooper, David Osborne This 18 day course is a comprehensive practical evidence based programme, with half of the teaching
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Three cheers for Independence Day In all walks of life, there is a great deal to be said in favour of independence. We start to seek it from an early age. Standing on our own two feet makes us all feel good about ourselves, and lets us set about our lives with vigour and enthusiasm.
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Here on the Greek island of Ithaki for the week and the first comment from most of the business owners is “it doesn’t affect the islands so much”. If so, the effects on the mainland must be serious. Here, the signs of economic melt-down are more subtle: the proposed improvements to the harbour
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On Friday 31st August and September 1st the IAAFA Annual Conference & Charity Ball will be held at The Royal Society of Medicine. Among the speakers presenting is Chris Barrow who will not only present but take part in a panel discussion on 1 September with Ashley Latter and Prof Bob Khanna. See the programme
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