Starting a new dental practice is a big decision - one that requires more than just number-crunching. When a dental client approached Medic Accountants for advice on setting up a new clinic, they needed strategic insight as much as financial expertise.

They already had a potential location in mind, but weren’t sure if it was the right fit: financially, demographically, or operationally. That’s where we came in.

At Medic Accountants, we specialise in accounting for medical and dental professionals. As experienced dental accountants and accountants for medical practitioners, our advice goes well beyond spreadsheets. We began with a detailed feasibility study, analysing population demographics, patient demand, and local competition. This data-driven approach helped our client understand whether the location of the practice has the potential to support sustainable growth.

We also went beyond the desk. Our team visited the location with the client to evaluate visibility, accessibility, and neighbouring businesses - real-world factors that can make or break a dental practice.

On the financial front, our role as a trusted dental practice accountant involved developing a conservative forecast model to map out setup costs, projected cashflow, and revenue expectations. We then collaborated directly with the bank to prepare a robust funding proposal aligned with lending criteria, ensuring the client secured finance smoothly and with confidence.

The new practice exceeded its first-year financial targets and reached profitability far sooner than anticipated. With continued strategic and accounting support from Medic Accountants, and the client has since opened a second location using the same successful framework.

We are not just accountants; we are partners invested in your growth. Whether you’re looking for accountants for dentists, accountants for doctors, or accountants for medical practitioners, we understand the business behind your practice and help you make confident, informed decisions every step of the way.