Business finance advice to keep ahead of the game

Our business finance section will help you keep ahead of the curve and in the know on the things you should be doing to keep your business stable.

This section is filled with great advice, hints and tips on how to keep your business profitable and sustainable during challenging times. From reducing costs to practical ways to increase practice profits, we’ve teamed up with a variety of experts, including our friends at Wesleyan.

Building Financial Resilience

Alternative tax savings ideas for dentists

We recently saw the announcement of tax thresholds frozen or cut and an increase in tax liabilities for tax payers over the coming years. For self-employed dentists or shareholders of a dental trading company, these changes will have different impacts on your tax liabilities but there are several ways of reducing the impact.

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The practice sales market – is it boom or bust?

In this recorded webinar we’ll be dissecting the current state of the dental market, as well as discussing key influences that can impact the value of a dental practice, EBITDA (Earnings before interest, taxes, depreciation and amortisation) – what it is, how it’s calculated and what impacts it, plus lots more.

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When’s the right time for your practice to start investing?

Could it be a good time to review your practice’s finances to see whether there are opportunities that allow your surplus business funds to work harder? Watch Iain Stevenson, Head of Dental at Wesleyan Financial Services, as he shares some key considerations when it comes to investing these funds.

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How to financially protect your practice

Iain Stevenson, Head of Dental at Wesleyan Financial Services, shares the fundamentals that practice owners need to consider when protecting their practice and talks about the common areas of the business that are left financially vulnerable.

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Financial Health Checks

Top tips on how to develop a more profitable practice

Profitability is at the heart of any business and dental practices are no different. Take a look at our top tips to get you thinking about how you can develop a more profitable practice.

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Energy Bill Relief Scheme: help for businesses and other non-domestic customers

Do you know about the Government’s Energy Bill Relief Scheme and how you can access it? If not, take a look here…

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Energy prices – five control measures dental practices can take

Want to know how you can take control of the soaring business energy prices? Dental finance expert from Wesleyan, Iain Stevenson, tells you how right here.

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Have you revisited your cashflow forecasts?

With the current economic circumstances, the Dental Business Coach, Chris Barrow, explains why it’s necessary to revisit your cashflow forecasts for the rest of the year and into the next.

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Practice Plan Limited is an introducer appointed representative of Wesleyan Financial Services Limited. Practice Plan Limited (Registered in England and Wales No. 03089948). Registered office: Cambrian Works, Gobowen Road, Oswestry, Shropshire, SY11 1HS Telephone number: 01691 684120. Website: www.practiceplan.co.uk.

‘WESLEYAN’ is a trading name of the Wesleyan Group of companies. Wesleyan Financial Services Ltd (Registered in England and Wales No. 1651212) is authorised and regulated by the Financial Conduct Authority. Registered Office: Colmore Circus, Birmingham, B4 6AR. Telephone: 0345 351 2352. Calls may be recorded to help us provide, monitor and improve our services to you.