I specialise in corporate law, particularly relating to the dental sector, because I enjoy the thrill of getting a deal done and exceeding client expectations. It is a constantly changing sector, with the introduction of new technologies and procedures which now also extends to facial aesthetic treatments. It is a fascinating and niche area and I thoroughly enjoy working with individual and corporate owners of practices to realise their goals.
Busy practice owners need clear, jargon-free and prompt communication, along with practical and commercial solutions to any problems that come up during a transaction – that’s where I add value, because of my expertise in the sector. Having worked across the sector, from sole traders to dental corporates, I have experience of many of the problems which commonly arise and can respond quickly and effectively.
Outside work, my passions are spending as much time as possible with family, basketball and going to the gym. I also want to support the next generation of lawyers, so I help at legal fairs and workshops.
It is advisable to keep accurate contemporaneous records of all key paperwork as this will make things a lot easier when selling your practice.
Choose a specialist solicitor who understands the intricacies of selling a business subject to the protocols of the CQC and NHS.
Keep us updated with any travel plans you may have during a pending transaction; we may need to contact you if anything urgent crops up.
It is important to have a pro-active and efficient accountant who understands your business sector, as we usually have to work in synergy with them.
How much are the legal fees associated with selling or buying a practice?
This will be entirely dependent on the extent of the work required and will be determined by many factors such as the practice size, structure of the business, whether the sale is a share or asset sale etc. We usually operate on a very competitive fixed fee basis for acquisitions and disposals, which removes any concerns in relation to escalating costs. There may be other charges throughout a transaction that you will need to be conscious of, such as property search fees, SDLT or stamp duty.
What does the due diligence process involve?
Due diligence is essential within any transaction whether buying or selling. It is usually an extensive information-gathering exercise assessing all aspects of the business/property being bought/sold. It ultimately highlights any issues which may need resolving prior to completion and areas of risk which may need protection against in the sale agreement.
How long will it take to sell or purchase my practice?
This is entirely dependent on the complexity of the transaction, together with the speed of responses we receive from third parties such as the CQC, NHS England, lenders etc. Registration of a purchaser with the CQC can typically take 12–16 weeks which will need to be factored in. Timescales can be discussed at our initial meeting; however, we will do our utmost to ensure the transaction is as smooth and swift as possible.
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