by | | Selling a practice, Uncategorised
For many dentists, owning their own practice is the ultimate career goal. It’s not just about clinical freedom; it’s about building a legacy, shaping a patient experience, and creating a thriving business. But as you start to explore the market, a crucial...
by | | 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 | | 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 | | 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 | | Buying a practice, Selling a practice, Uncategorised
As a dentist, it is important to understand the difference between a contract and a deed. Both of these documents are commonly used in the dental industry. We will explore the differences between a contract and a deed, including their purpose, legal requirements, and...
by | | Buying a practice, Selling a practice, Uncategorised
Working Through An Umbrella Company The off-payroll working rules are unlikely to apply if you are employed by an umbrella company. What happens if the rules apply? The party responsible for applying the rules must determine whether the worker is employed for tax...
