Course Overview
Presented by Wesleyan Financial Services.
Aim
A dental practice isn’t just a place of work, it’s often one of your most valuable personal and professional assets. This article explores three key financial and operational factors that influence the continuity of a practice, including the importance of robust partnership agreements, clear exit planning and how to improve business continuity when key team members are absent. Together, they form the foundation for long-term practice resilience, helping dentists protect the value they’ve worked hard to build.
Learning objectives
After completing this eCPD article, readers will understand:
- The financial and operational risks of not having an up-to-date partnership or shareholder agreement.
- Why having an exit strategy matters from day one of ownership, not just at retirement.
- How key person absence can disrupt a practice, and what protection options exist.