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Michael Royden compares what the differences are when selling your dental practice to a corporate or to a buyer acquiring their first practice. This year has been unexpected for obvious reasons. The pandemic has caused all manner of disruption in normal life, both work and personal. Sadly it shows no signs of going away any time soon. However, … Continued
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Michael Royden looks at the pros and cons of becoming a partner in a dental practice. Many associates have a dream of owning their own practice. With finance ordinarily readily available for the right practice, they have been able to look to the market to find the practice which suits them best. I say ordinarily, … Continued
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Michael Royden explains what’s involved if you sell a practice but retain the surgery premises. In many of the practice sales that the Thorntons dental team deals with, the surgery premises is owned by the principal, and the question arises as to whether they will also sell the surgery premises. This will vary from one … Continued
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Michael Royden explains why it’s important not to forget about the bricks and mortar when considering a practice sale. The dental team at Thorntons deals with a broad range of issues for our clients, from queries regarding the sale and acquisition of practices, to disputes between partners, regulatory issues and much more. Often seen of … Continued
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With a new practice principal coming in, where does that leave the staff? Michael Royden explores the options. We all know that good staff are immeasurably important to a practice. Having a happy ship with skilled employees who feel appreciated and enjoy coming to work can make the difference between success and failure. As a … Continued
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If you’re looking to purchase or sell a practice, do you have all the right documentation in place? Michael Royden explains what you need. Many of the most successful practices operate from newly built or newly refurbished premises. At the same time, there are a number of practices that operate from older premises, which have … Continued
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