You've spent a career building it. The difference between a good exit and a great one is set in the two years before the sale — and in the structure of the deal itself.
Buyers pay for clean, believable, transferable profit. Every pound of cost that's really personal spend, every associate arrangement that isn't documented, every plan patient who isn't contracted — each one gives a buyer's adviser a reason to chip the price.
Starting early lets us present the practice the way buyers' due diligence wants to see it, push the genuine profit improvements that multiply into price, and make sure the tax reliefs are locked in before the deal, when they're cheap to secure.
Two to three years out, ideally. That's long enough to tidy the accounts, normalise your own costs, secure the tax reliefs and let profitable changes show up in the figures a buyer will pay against. Selling well is mostly preparation.
BADR reduces capital gains tax on qualifying business disposals — currently to 18% on gains up to the £1 million lifetime limit. The qualifying conditions have traps (shareholding levels, officer status, timing), so we confirm eligibility early, while there's still time to fix anything.
If you trade through a company, a share sale is usually better for you and an asset sale usually better for the buyer — the difference can be six figures. It's a negotiating point, and you want your adviser modelling both outcomes before the heads of terms are signed, not after.
Buyers — especially groups — often pay part of the price over time, contingent on performance, with the seller staying on clinically. The detail matters enormously: what the targets are, what you can still control, and how each element is taxed. We stress-test the structure before you agree it.
A confidential, no-obligation chat about where your practice stands today and what would make it worth more in two years. Even if the sale is years away, you'll leave knowing the plan.
One short email a month: deadlines coming up, rule changes that affect dentists, and one number worth checking in your practice. No spam, unsubscribe any time.