Think you don’t need a written Partnership or Shareholder Agreement? Think again!
If your practice has more than one principal, then it is vital that a written agreement is put in place which caters to the needs of your…
Healthcare
Healthcare
Dentists | Selling your Practice Limited Company
Practices can take a number of forms, from sole traders to partnerships. However, for a number of years, it has been possible to structure…
UK Government Consultation on Registration of Overseas-qualified Dentists
With ‘dental deserts’, where there is little NHS dental care provision, reportedly growing across the UK the national shortage of dentists…
Dental Practice Sales – 5 simple steps to a successful sale
Selling your dental practice is a major milestone in your life, regardless of whether it is being done to allow you to reap the benefit of…
Premises in a Dental Practice Sale
When a decision has been made to sell your dental practice, it is worthwhile spending some time to see what property documentation you have…
GP Sustainability Loan Scheme – Extension to the Deadline
Following the Scottish Government’s announcement to create a GP Sustainability Fund, with the first round of funding and acceptance of all…
Dental Practice Succession Planning
Nothing can be said to be certain, except death and taxes”. Benjamin’s Franklin’s quote will be known to most of you, and unfortunately it…
Competitions and Markets Authority: Veterinary Sector Review
The Competitions and Markets Authority has recently announced that it plans to undertake an investigation into the veterinary sector. The…
Davidsons Chemists continues expansion plans following seven figure finance deal
National independent pharmacy chain Davidsons Chemists has revealed its plans for five new branches acquired from Lloyds in a substantial…
Shareholder Agreements – it pays to be pragmatic…
In the excitement of setting up your own pharmacy business, certain items can be overlooked - sometimes this is for convenience, or, more…
Can sponsorship of international staff help tackle the shortage of dentists and dental practitioners in the UK?
The British Dental Association (BDA) reports that, “Two thirds (65%) say their practices have unfilled vacancies for dentists. 82% of those…
Personal Succession for Dental Practice Owners
As a practice owner, your day to day will be consumed with the delivery of patient treatment and the task of managing, developing and…
Employers urged to have a flexible approach to flexible working
Flexible working has attracted a lot of attention since the pandemic when necessary adjustments to working hours and arrangements…
Squat Practices – Risk & Reward
Many of our dental clients started off as practice owners through the traditional route of buying an existing practice, or by going into…
Dental Practice Purchases – the process explained…
Many dentists aspire to be their own boss and to become a practice principal. That might involve entering into partnership with other…
Buying a Pharmacy: Sponsored workers and business purchases
Buying a pharmacy can be a complex undertaking, even more so when the pharmacy you are buying holds a sponsor licence. A sponsor licence is…
Shortage of pharmacists in the United Kingdom
The Pharmacist reports that, “Pharmacists across the UK are at risk of burnout as staffing shortages drive up locum rates, according to…
Purchasing a Pharmacy
Most pharmacists spend the early years of their career working as an employee for an existing pharmacy. However, there comes a point when…
Staff Contracts – Getting Them Right
Dental practices rely upon many things to operate – premises, equipment, and the obvious….patients. However, without staff, the practice…
Selling your practice to a Corporate – is it for you?
The bulk of the Thorntons Dental Team’s work relates to the sale and acquisition of dental practices. Over the course of 2021, we dealt…
Dental Practice - To Lease or Not To Lease
Dental surgeries come in all shapes and sizes, from street level premises and practices on the upper floors of a tenement, to stand alone,…