by | | Selling a practice, Uncategorised
Every seller has different goals. Some want a clean break and the highest possible price, while others care deeply about the legacy of their patient care. Understanding Your Buyer Options: The Individual Associate: Usually a first-time buyer looking to build a career....
by | | Selling a practice
Selling a dental practice isn’t like a standard business sale; it is a highly regulated transfer of a healthcare facility. Missing a single regulatory step can delay completion by months. The Legal Roadmap: Heads of Terms: The initial agreement between Seller...
by | | Selling a practice, Uncategorised
Determining the “fair market value” of a dental practice is requires more than just looking at the previous year’s turnover. In the current market, buyers and lenders are looking for stability and potential. Key Valuation Drivers: Income Type: NHS,...
by | | Selling a practice
Selling your dental practice is a major life event, whether it’s for retirement or to pursue a new venture. The legal process is intricate, but with the right legal team, it can be a straightforward experience. Here’s a breakdown of the key stages from a legal...
by | | Partnerships, Uncategorised
A partnership agreement is arguably the most important document you will create when going into business with a colleague. Without a formal, well-drafted agreement, you are leaving your business and your personal assets vulnerable to disputes. What Does a Good...
by | | Buying a practice, Uncategorised
Buying a dental practice is a complex transaction that requires careful legal guidance. A specialist solicitor is not just a luxury; they are a necessity. Here’s a checklist of legal areas your solicitor should cover to ensure a safe and successful purchase. 1....
by | | Buying a practice, Uncategorised
Becoming a first-time dental practice owner is an exciting and significant step in your career. However, the legal and financial landscape can be complex. At Jacobs Legal, we’ve guided many dentists through this process, and we’re here to help you...