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Mar 25 2021 - Simon Palmer - Seller : preparation Seller : timing/ retirement
In October 2019, a bottle of The Macallan Fine and Rare whisky sold at auction for $US1.9 million, becoming the most expensive bottle of wine or spirit ever auctioned. This whisky was bottled in 1986, after maturing for six decades in European Oak at Macallan's distillery near the River Spey in Scotland. The cask this bottle was from has produced six record-setting bottles, beginning in 1986 when the first one was sold in New York and won the Guinness World Record at the time for "The World's Most Expensive Spirit".
Mar 15 2021 - Seller: post-sale stories
As a child, I remember my paediatrician worked till his mid-80s; he had a walking stick, he was half asleep during consultations, no mother wanted to bring her child there. I knew I didn’t want to stay too long like him, but my partner in the practice was 9 years older than me and I always thought I would stay on longer than him. Life had other plans for me though.
Dec 8 2020 - Seller: post-sale stories
We are standing at the frontier of one of the greatest changes in the ability for hygienists and oral health therapists to generate wealth in the history of the profession in Australia - and somehow, very few people are talking about it. In mid-2020 the dental board finally agreed to increase hygienists and OHT scope of practice so that they could practice independently to dentists. This was a huge step towards independence as a profession and recognition of value. Only one administrative impediment remains for independence to be complete. Currently, lobbying is underway to grant hygienists and OHTs the ability to have their own provider number - when this happens, so too should...
Dec 7 2020 - Simon Palmer - Seller : preparation Valuation
Any business is made up of both tangible assets (those that you can see and touch, like equipment, fit-out and furniture) and intangible assets (like goodwill, brand recognition and intellectual property).
Dec 1 2020 - Seller: post-sale stories
I had enough of being the boss, stressed and worrying about paying bills and staff. The whole idea was to sell the practice, work less and travel more …My partner and I teach dancing and have a dance studio; we also teach dance at nursing homes and on cruise ships.
Nov 11 2020 - Seller: post-sale stories
Great interview with one of our vendors, Michael Levitt, who sold his Sydney CBD practice through PSS in 2019. He's found the perfect work-life balance, where he's still loving practicing dentistry, but without the responsibility of ownership.
Oct 26 2020 - Seller: post-sale stories
"We wanted to concentrate more on what we like most, to mentor and pass our combined 35-year experience and knowledge on to the younger generations. The practice is our baby and, although we have handed it over, we are still nurturing it."