by JonathanJacobs | Dec 3, 2024 | Uncategorised
It is not part of a dentist’s practice to understand the intricacies of incorporating a small business, which you may well be undertaking on the advice of your accountant, who may not be dentally experienced themselves. An incorporation which is not properly and...
by JonathanJacobs | Dec 3, 2024 | 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 JonathanJacobs | Dec 3, 2024 | 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...
by JonathanJacobs | Dec 3, 2024 | Buying a practice, Selling a practice, Uncategorised
Congratulations to Joanne Nurse on the acquisition of a share in Adventurers Day Nursery in York. Joanne now becomes co-owner of the nursery with Helen Nurse. Many thanks to everyone involved in the transaction, especially Amardeep Nangla for his work done on the...
by JonathanJacobs | Dec 3, 2024 | Uncategorised
Understanding the Leadership StructureThe leadership structure of a dental practice can significantly impact its financial performance. There are two primary models: Principal-led and Associate-led. Principal-led: In this model, the principal dentist owns and...
by JonathanJacobs | Dec 3, 2024 | Buying a practice, Selling a practice, Uncategorised
Congratulations! You’ve decided to join forces with a fellow dental professional and open a practice together. An exciting venture, but before you start scheduling patients, a crucial step is establishing a strong partnership agreement. Here at Jacobs...
