Selling your dental practice is a very stressful time. The most significant stage of the process is the “Legal Due Diligence” —a deep dive into every piece of equipment, certificate, contract, logs and records that you have.
What Usually Goes Wrong? Deals rarely fail because of the clinical work. They fail because of “paper-leaks”:
- Outdated Risk Assessments: Fire, Legionella, and Health & Safety reports that are more than 12 months old.
- Staff Discrepancies: Pay rates or hours in the TUPE information that don’t match the signed contracts.
- CQC Registration: Incorrectly completed applications that delay the CQC transfer.
The “Clean Folder” Strategy The faster you provide accurate information, the higher the “trust vibe” with the buyer. Speed is the enemy of deal-fatigue.
Our Advice: Perform a “Pre-Sale Audit” now. Identify what is missing while you aren’t under the pressure of a completion deadline.