Dental Practice transactions are more complicated today than ever before. There have been a plethora of changes over the last eleven years since the inception of the 2006 NHS contract set light to the dental practices for sale market. Couple this with the relaxation of laws allowing dental practices to trade as a Limited Company and the inception of the Care Quality Commission, Information Governance and Local Area Teams and you can see why so many have taken advantage of the former which has encouraged multiple dental practice ownership and fuelled goodwill values nationwide. However, the process of selling your dental practice is now considerably more arduous and the due diligence is lengthier due to the higher number of variables to consider when selling or buying a practice. For this reason and a number of others, dental practice transactions can now take significantly longer than ever before, but they really shouldn’t if you have the right advisors working with you. We deliver a service that manages this process and works towards a number of milestones in a transaction that should ensure a timely completion is achieved;
In the first instance you can read more information about the process by downloading the Sellers or Buyers guide to Buying or Selling a Dental Practice but you should remember every practice has it’s challenges and requires a bespoke process to be managed by an experienced consultant.
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