This all day seminar will introduce Dentists to the critical considerations for the journey into establishing and running their own profitable business into the future and will consider all aspects in this pivotal decision making process, including Financial, Risk, HR, Marketing and Legal.

Topics include

Shane Morgan / Stuart Chan - Cutcher & Neale

• Accounting and Tax Fundamentals
• Starting in Practice – key things you need to know about being in practice, including structures, tax, super, joining or buying into a practice (each of these topics have their own more detailed seminars)
• Structuring for Dental Practice – Company, Trust, Partnership, Sole Trader, which is right for me?
• Tax Issues for issue for Dental Practices – key tax matters you need to know
• Superannuation issues for Dental Practices – key superannuation matters you need to know
• Dentist arrangements – Contractor and Service Entity arrangements, getting it right
• Joining or buying into a practice – what are you getting and how do you value it?
• Agreements in Dental Practice – how to get your Dentist Arrangements correct and the critical agreements you need including Shareholder, Unitholder, Associateship and Service Agreements
• Practice Ownership – ownership options for Solo Practice to Large Practices and what you need to know to avoid ownership disharmony
• Financing and Insurance essentials for Dentists

Simon Palmer - Practice Sales Search

• Considerations when buying a practice
• Selecting, analysis and valuing a practice
• Employing the right team and learning how to retain them

Georgina Odell - Meridian Laywers

• Purchase contract issues/tips
• Service Agreements
• Employees vs Contractor arrangements
• Legal issues around leases etc
• Case study