by JonathanJacobs | Jan 27, 2025 | Buying a practice
Buying a dental practice is a significant investment. Conducting thorough due diligence is crucial to ensure you’re making an informed decision and mitigating potential risks. Here are some essential steps to consider: Financial Review: Scrutinise financial...
by JonathanJacobs | Jan 27, 2025 | Buying a practice, Selling a practice, Uncategorised
Being a dentist is a rewarding profession, demanding dedication, skill, and a commitment to patient care. However, the transition from being an employed dentist to owning your own practice brings about a significant shift in responsibilities and demands. Here are some...
by JonathanJacobs | Jan 27, 2025 | Buying a practice, Selling a practice, Uncategorised
So, you’re a talented dentist, brimming with ambition, and the dream of owning your own practice is starting to take shape. It’s an exciting prospect, offering autonomy, creative freedom, and the potential for significant professional and financial...
by JonathanJacobs | Jan 9, 2025 | Selling a practice, Uncategorised
1. Consider the future value of your business. 2. Do you want to sell or partner up with another dental practice? 3. What are the tax implications of selling the practice – this depends on whether your business is asset based (sole trader or partnership) or is a...
by JonathanJacobs | Dec 6, 2024 | Uncategorised
Don’t’ Get Caught Out! Content of the blog: · The relationship between Principal and Associate · Dentists renting surgery space · Can Associates retain goodwill · Should this be part of the valuation of a Dental Practice? The Relationship...
