Getting the right support during a practice acquisition is crucial, as one recent purchaser pointed out.
“It did get quite tense at times for one reason or another, so having someone there to mediate that was unbiased to the situation was extremely helpful,” she said when asked about the experience.
“The sale took far longer than it should have done – a year and a half in total – and all because the seller didn’t use a specialist dental solicitor. With no knowledge of the processes involved with a dental practice sale and no previous experience of completing any of the paperwork, everything was much harder than it needed to be.
“That is why it is always best to have the right support from an adviser that has experience in the dental market.
“I’m currently going through the final stages of the application to become a single provider, but it’s nearly coming to an end and everything so far has been good, so that’s very positive. Having Alison Willcock from Dental Elite on hand to handle this has been a massive help.”
For more information about help available when buying a practice, visit Dental Elite’s website today.