Dental Practice Start-up Programme
Our Dental Practice Startup Programme is a hands-on consultancy service designed to take you through your whole journey to becoming a dental practice owner.
The Programme gives you access to monthly calls with our expert consultants. We’ll be there every step of the way, giving you the advice and assistance you need, as well as the push to make it happen!
Over a 12 month period, our consultants will be there to assist and guide you to make sure you start your dream practice.
“Setting up a squat dental clinic can be a very daunting task. With so many different facets to the project, financing the project can be potentially stressful especially in the current climate. However, Nigel at Samera made this so easy for us. Always on hand to answer our queries, talk us through the process step by step and presented us with all the different options. It has been a pleasure to work with Nigel and the rest of the Samera team and I have no hesitation in recommending them to all my colleagues.”
Five stars
Are you serious about starting a dental practice?
Starting up a practice is not for everyone. However, for those that are willing to start that journey, the Dental Practice Start-up Programme will support you, provide our expertise and make the process easier.
If you’re serious about starting a successful dental practice, our Dental Practice Startup Programme can help you every step of the way. From choosing the right location to opening up on your first day, this programme is designed to help you make it happen in 12 months!
We’ve split the process into manageable chunks, making it easier for you to complete your journey to owning your dream practice.
Key aspects of the Practice Start-up Programme:
Stage 1: Getting Started
- Discounted rate to attend the Samera Setting up in Practice Bootcamp
Stage 2: Getting a Plan
- Advice on location
- Detailed Strategic Business Plan template and assistance with edits.
- Full Profit and Loss Forecasts for 3 years.
- Full Cash Flow Forecasts for 3 years.
- Full start-up cost breakdown.
Stage 3: Getting the Money
- Assisting you with sourcing any kind of finance through Samera Finance.
Stage 4: Getting the Equipment
- With our Buying Group dental asset partners, we can help you design and select the right equipment for your practice, as well as access to reduced rates for insurance, legal assistance, software and much more.
- Low-rate financing options available for your equipment purchases.
- Help with setting up service contracts.
Stage 5: Getting on With the Job
- Monthly review zoom call with our expert consultants to ensure you actually get to your goal.
- Introduction to the Samera Digital Marketing team for all website and digital marketing needs (separate fees apply).
- 20% off first year practice owner accountancy service.
How much is it?
£375 per month for a 12 month period
If you want to start a dental practice, all of our services are now found in the Dental Practice Start-up Programme. The individual services we offer are now only available as part of the Programme.
The table below shows a breakdown of the savings you will make by joining the Dental Practice Start-up Programme.
With the Programme, not only do you get discounted cash flow projection and business plan template, help sourcing finance at a reduced rate, 12 month free access to the dental buying group, 20% off accountancy fees and discounted tickets to Setting up in Practice Bootcamp, you also get 12 months access to our expert consultants.
These services are not available outside of the Programme.
| Normal price inc VAT | Start-UP Programme Price | |
|---|---|---|
| Business Plan & Cashflow | £1,500 | £0 |
| Arranging Finance (min fee) | £3,500 | £2,500 |
| Dental Buying Group (first 12 months) | £0 | £0 |
| Typical Accountancy Fees (discount only applies for the first year) | £5,424 | £4,339 |
| Bootcamp | £399 | £299 |
| Monthly consulting call (over 1 year) | £4,800 (Unavailable outside of the programme) | Free |
| Start-up Programme (Monthly Subscription) | N/A | £4,500 (£375 / month) |
| Total | £15,623 | £11,638 |
Sign Up Now
One of the key benefits that you get from the start up program is the advice and experience you receive from the Samera team who have helped many clients open their own dental practice.
At Samera, we will assist you along the journey with monthly catch-up meetings with the team covering areas such as finance, our buying group, practice equipment, accountancy and marketing.
If you’re ready to start your dream practice then we want to hear from you. Book yourself a free consultation at a time that suits you to find out how you can join the Dental Practice Start-up Programme.
Case Studies
The Problem:
Samera Finance is made up of former bankers who specialised in the UK’s healthcare lending sector.
From our experience working and running healthcare teams in a major UK lender and from our broker experience, it is often not the finance that can be the only thing a client needs. They often need help with structuring deals and negotiating the best terms.
Having had an initial conversation with an associate looking to set up a squat practice, they explained they had found a property to convert and wanted help with the finance. Part of the finance application is to provide the lender with lease and deposit details and when we obtained these, we contacted the client again.
They had no rent-free period and a large rent deposit to provide with no end date for the return of that deposit.
The Solution:
We discussed and explained the benefits of negotiating a rent-free period with the landlord. This would not only allow them time to convert the premises, but also to provide them with a period of no rent to help keep the initial costs down when income was growing. We also discussed the size of the rent deposit and also them agreeing with the landlord a return date and how the money was to be held to protect their funds.
The Result:
After our discussions and help with negotiating, we were able to help them argue for far better terms in their agreements.
Once they discussed all these aspects with the landlord, they agreed to reduce the rent deposit and return it within two years with the deposit being held on an escrow account. More importantly they agreed a six-month rent-free period which eased the cashflow situation of the squat practice when it started trading.
“I cannot recommend Nigel highly enough. My partner and I have been corresponding with Nigel when setting up our squat dental practice to organise the best finance loans and equipment deals. He has a wealth of knowledge, trustworthy, straight talking and always responds quickly to questions. Thank you Nigel and team.”
Five stars
The Problem:
Unfortunately, not everyone has the foresight to approach a commercial finance broker. When this happens, it’s rare that you’ll get the best deal you can get.
One of our clients recently took over a closed practice and approached a bank directly to obtain finance so they could purchase the building and set up a new practice. Due to the lack of income being generated by the closed practice, it was classed as a squat practice.
However, the bank they approached did not provide any finance for the set up of the practice in terms of build and equipment. Reasons remain unknown.
So, to finance the build and purchase the equipment, our client borrowed heavily on short-term finance.
They are now lumbered with huge monthly repayments on their short-term debt.
The Solution:
We could have negotiated a far better deal. Here’s how it should have been arranged.
Usually with a squat you can obtain 15 year finance for the build and the equipment needed for the practice.
This is usually restricted to 70% of the costs, with a maximum figure of £250K for the build and equipment.
The difference is the loan term. With the 15-20 year term and a broker-negotiated one year interest-only deal, monthly payments are spread out, cashflow is protected and the practice can flourish.
“After attending the Samera Bootcamp last November, I set about starting up my own practice. Nigel was very helpful in setting up finance and giving good all round advice about the process, actually well beyond the scope of a financial advisor- wouldn’t hesitate to recommend!”
Five stars
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Accounts & Tax for Start-ups
Our specialist dental accountants are experts at helping dentists set up their accounts, manage their finances and organise their tax.
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Cyber Security
Your business is at risk if you do not have a cyber security strategy in place. Cyber security is one of the most important, but least understood parts of running a business. We can make it easy.
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Samera Finance
Apply online today for your healthcare business. Quick Application Process. Borrow at excellent rates. Unsecured and secured loans available. Healthcare Experts.
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Dental Buying Group
Join today for free, start saving and grow your profits.
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Setting Up a Practice Timeline
See all of the steps needed in order to set up your own practice.
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Building a Business Plan
Building your business plan is an essential part of starting a dental practice.
Practice Startup Checklist
Download our Practice Startup Checklist to make sure you are following every step on the path to becoming a dental practice owner.
Sign up for one of our business training events
Sign up now for one of our events and webinars, designed to teach dentists how to build a better business.
We run free online events covering everything from compliance to raising finance. We also host live events across the UK, like our Setting up in Practice Bootcamp, which has been running for over 10 years and the first step for 100’s of the UK’s practices.
Check out our events calendar to see which of our webinars, courses or bootcamps are right for you.
Further information on Starting a Dental Practice
We’ve been helping the UK’s dentists start their own practices for nearly 20 years and we know exactly what it takes to make your practice a success!
Our Dental Practice Start-up Programme is a hands-on consultancy service designed to take you through your whole journey to becoming a dental practice owner. Contact us today for all the advice, support and expertise you’ll ever need to start a dental practice.
For more information please check out the articles and webinars in the start a dental practice section of our Learning Center, like our guide on How to Start a Dental Practice in 13 Steps.
For all our previous articles, webinars and video updates, subscribe to our YouTube channel and follow us on Facebook, LinkedIn, YouTube and Instagram.
