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september, 2021

202125sep9:00 am4:00 pmExiting Your Practice and Maximising Your Outcome - Brisbane9:00 am - 4:00 pm(GMT+10:00) View in my timeNovotel Brisbane Airport Event Organized By: Dentevents Discipline:BusinessFormat:In-Person

Event Details

This event includes information on the following topics:

  • Selling a practice

The intended audience for this event includes:

  • Dental Assistants
  • Dental Hygienists
  • Dental Industry Personnel
  • Dental Prosthetists
  • Dental Technicians
  • Dental Therapists
  • Dento Maxillofacial Radiologists
  • Endodontists
  • Forensic Odontologists
  • General Dentists
  • Oral and Maxillofacial Surgeons
  • Oral Health Therapists
  • Oral Pathologists
  • Oral Surgeons
  • Orthodontists
  • Paediatric Dentists
  • Periodontists
  • Practice Managers
  • Prosthodontists
  • Specialists in Oral Medicine
  • Specialists in Public Health Dentistry
  • Specialists in Special Needs Dentistry
  • Students

Many dentists only sell a practice once in their life.

When it’s time to sell their practice, many dentists make decisions poorly, out of lack of knowledge and understanding of the impact of the various decisions that need to be made. Many would-be sellers delay putting their practice on the market as they don’t know what to do next and are afraid of a loss of their identity.

Topics include:

  • Exit planning how to get your practice ready to sell
  • Various exit strategies, including walk-in walk-out, the incremental sale, sell and stay on and grandfather
  • Succession Planning – what you need to do now to prepare (and how to manage the transition to retirement)
  • Valuing Dental Practices – what is the value in your dental practice and how to quantify?
  • Legal agreements
  • Effective strategies for transferring patients effectively from seller to buyer
  • What to do next post sale – volunteer dentistry, locum, structure working part time, or retire
  • Understanding what you are selling
  • Does your current structure provide for succession?
  • Tax implications and strategies for selling
  • Superannuation strategies on the sale of your business

Learning Objectives

  • Preparation work – how do you get your practice ready in order to sell?
  • Learn which exit strategy option is right for your practice and why
  • What to do if you plan to sell your practice in the next year… how to increase its value and what not to do
  • Understanding the different accounting considerations

more

Speakers for this event

  • Simon Palmer

    Simon Palmer

    Specialist in dental recruitment and dental practice sales

    With more than 15 years’ experience in dental recruitment and dental practice sales, Simon Palmer has extensive knowledge of and insight into the Australian dental industry. He is a regular contributor to dental publications and journals, and is regarded as an expert on dental practice purchases and sales in Australia. Simon has a deep understanding of the complexities and sensitivities involved in buying and selling dental practices and is committed to ensuring his clients get the price, terms and compatibility they are looking for. Simon has a business broker’s license in most states and has conducted hundreds of transactions throughout Australia. He oversees the entire process from information/documentation gathering through to negotiations, contracts and transitions.

    URL https://www.adansw.com.au/CPD/CPD-Presenters/Simon-Palmer

    Specialist in dental recruitment and dental practice sales

Organizer

DenteventsDentevents™ is an online reference of upcoming events, congresses, workshops, trade shows and educational opportunities for dental professionals and the dental industry. It is maintained by professionals in the dental community and has been online for more than a decade. Using Dentevents, you can search for a dental event globally by date, location, event name, speaker name, organiser name or venue name. You can also review speaker profiles, venue profiles and organiser profiles to help you if you are planning an event in the future.[email protected] Main Street Publishing Pty Ltd PO Box 586, Cammeray, NSW 2062, Australia

Time

(Saturday) 9:00 am - 4:00 pm(GMT+10:00) View in my time

CPD Hours

TOTAL CPD AVAILABLE FOR THIS EVENT: 6 HOURS

Price

Full Program – AUD 490.00 Including 10% GST and Early Bird Discount – Less AUD 50.00 (Before May 19, 2021)

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