Expert advice from Thomas Coates

Preparing your practice for sale

Practice Plan Podcasts, Practice Management Leave a Comment

It is often said that you should have one eye on your exit from the moment you start up in business. In this podcast, Thomas Coates highlights some areas of best practice to ensure you are in the best position possible when you do come to sell your practice. What you’ll hear: Details of different business structures and the effect …

Sarah Jarvis

Factors to consider when selling your practice

Practice Plan Podcasts, Practice Management Leave a Comment

Sarah focuses on the key financial considerations practice owners should make when putting their dental practice on the market. She also outlines the different types of buyers in the market and discusses realistic time scales for preparing to sell. What you’ll hear: Appropriate timeframes for selling your practice and when to beginning planning The importance of a comprehensive valuation from …

Should I take the lease or buy the freehold

Thomas Coates discusses your options when buying a practice

Thomas Coates Practice Management Leave a Comment

Buying a dental practice is one of the biggest decisions you are likely to face in your career. It is not just a significant investment monetarily but also in terms of your time, effort and responsibility. The decision of whether to become a practice owner or not brings with it several other questions, one of which is whether to take …

In conversation with Thomas Coates

Recent developments with buying and selling a practice in respect of NHS and CQC

Practice Plan NHS Dental Landscape, Podcasts Leave a Comment

In a podcast of two halves, specialist solicitor, Thomas Coates, discusses a new policy introduced by the CQC that is making practice sales, purchases and restructures significantly more difficult. He also talks about an updated policy from the NHS regarding ‘24-hour retirement’ which makes the process more straightforward. What you’ll hear: The historic position in respect of CQC and NHS …

Better the devil you know

Selling your practice to an associate – is it better the devil you know?

John Clarke Practice Management Leave a Comment

Irrespective of your current age, most principal dentists have retirement plans that include eventually selling their practice. Having evaluated how much money you will need to retire on and whether your practice is attractive to potential buyers, other key considerations revolve around timings and determining who the right person is to sell your practice to so you can set the …

Five aspects to consider before buying a dental practice

Taking the plunge – five essential aspects to consider before buying a dental practice

Practice Plan Podcasts, Practice Management Leave a Comment

Buying a dental practice is one of the biggest decisions that a dentist is likely to make and can be stressful for all parties involved. From choosing the right business model to determining the best location, many personal and legal factors must be carefully taken into consideration before taking the plunge. There are several burdens and rewards associated with buying …