Assurgo Associates offers specialist business development services to enable healthcare providers to optimise their business and maximise their profits. This bespoke offering is aimed at independent and corporate Optometrists, Dentists, Pharmacists, Vets and other independent healthcare businesses – who can benefit from professional advice and hands-on support but only want to commit to flexible or interim resources.
At Assurgo we understand that you, as an independent healthcare owner and provider, will focus on patient care and clinical services first. After all, that is what you trained to do. You may be relying on an accountant or bookkeeper to keep the figures straight, but running an efficient business is more than just meeting your statutory filing obligations.
In today’s competitive market the ability to maximise profits and minimise overheads is crucial. Whether you are looking to improve operational efficiency, wanting to maximise your position for a future sale or looking to grow your business to the next level, Assurgo can assist by providing interim specialist help.
We offer bespoke project based solutions to address your business needs – which is ideal if you don’t want the expense of additional overheads and would prefer flexible ‘switch on/switch off’ resources.
Assurgo is committed to providing interim business development services that add long term value to your healthcare business.
Our Business Development Services
Our range of business development services can be categorised into strategy, practice development and operations as follows:-
Strategy
Strategic Reviews and Business Planning
We can provide help in clarifying your business objectives, strategies and timescales; to help you build a plan to achieve your growth targets, optimise your business and maximise your profitability.
Practice Development
New Practice Openings
Opening a new practice can be quite daunting and time consuming – whether you need a full business plan, a project manager or some marketing help, we can provide the necessary additional resources to get your business trading.
Expansions, Extensions, Relocations and Refits
Happy with your location but just need to develop, design or build more space? Help is available to suit. If you’ve reached the stage where only a relocation or expansion will do, let us help you plan and project manage your property development.
Mergers & Acquisitions
Whether you are planning a single acquisition or developing a buy and build strategy, we can provide an end to end process from valuation assessment, vendor relations, and legal liaison through due diligence and post completion integration strategy and execution. This will be bespoke to your individual requirements.
Disposals
Perhaps you need help with a portfolio churn strategy that requires the disposal of properties or practices. This can be an unsettling time for staff. Project resources can be provided to project manage the process, support your team and help minimise the potential negative publicity or business impact.
Practice sales, Business valuations and Business integration
If you are an independent practitioner preparing to sell your practice, now or in the future, you may wish to understand the market value of your business without alerting an agent to your potential plans. Perhaps you are formulating a retirement plan and want to understand the selling process better? Maybe you want someone you can trust on your side to deal with the selling process for you?
We have seven years of acquisitions experience and can assist you with an end to end acquisition process. We are also happy to tailor any parts of the process to suit your needs. Equally we can help if you have already bought a practice and want some help with business integration. We can also assist with valuations, acquisitions or integration in more geographically challenging locations.
Operations
Operational Reviews
We can provide operational reviews assessing and recommending best practice processes and procedures which will help with the day to day operation of your business. We can also provide advice on operational synergies as part of your acquisition strategy.
Procurement and Stock Management
Purchasing appropriate quantities of products and services and negotiating the most competitive prices fundamentally affects your bottom line. We can review your current purchasing and stock levels, reassess your requirements and provide guidance in order that you can minimise losses and maximise your profitability.
Marketing
We have extensive marketing experience and can provide marketing reviews, competitor analysis, marketing strategy and plans as well as advice or hands on support with stake holder engagement, market research, branding, brand building, advertising, websites, communications & PR and retail marketing.
Financial Management
If you simply don’t have time or figures aren’t really your thing we can assist with financial business planning, budgeting, cash flow projections, forecasting and capital investment appraisal.