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In practice sales you don’t get the result you deserve… you get the result you create! Get the best possible return for one of your greatest assets. Vital information for anyone within their last 5 years of ownership! Topics include: • Exit planning – how to get your practice ready to sell • Various exit strategies, including emergency exits, mergers, walk-in-walk-out, the internal sale, the incremental sale, sell and stay on, selling to a corporate • How to get your practice ready for sale – easy changes that can make your practice more sellable • Who do you tell – how and when to have conversations with the team • Effective strategies for transferring patients effectively from seller to buyer • Valuing Dental Practices – valuation methodologies, where is the value in your dental practice and how can it be quantified? • Restraint of trade provisions • Legal agreements • Understanding what you are selling • Does your current structure provide for succession? • Tax implications and strategies for selling • What to do next post sale - volunteer dentistry, locum, structure working part time, or retire

Learning outcomes

• How do you get your practice ready 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...or in the next 5 years. • What course correction can you do to increase its value - and what not to do? • Understanding the different accounting considerations

Further information 

Simon Palmer

Simon Palmer is the Founder and Managing Director of Practice Sale Search, Australasia’s leading dental practice brokerage. With close to 20 years’ experience in dental recruitment and dental practice sales, Simon has extensive knowledge of and insight into the dental industry. Simon sells over a hundred practices a year, from small, one-chair practices to multi-chair, associateship and corporates practices. He is deeply involved in every stage of the sale, from marketing, listing and showing practices to negotiating the price, legals, terms and post-sale employment of the exiting practice owner. Simon is a licensed business broker and real estate agent, is a regular contributor to dental publications and journals, and frequently presents on Exit Planning for Dentists in Australia and New Zealand.

Simon Palmer 

Exiting your practice and maximising your outcome

Simon Palmer
Saturday 7th Sep 2024
8:30am - 4:00pm
Centre for Professional Development
1 Atchison Street
Region: St Leonards Nsw 2065, Australia
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Level 1, 59-75 Grafton St
Bondi Junction