Planning your Exit Strategy

Whilst many of us spend years planning our finances for retirement through contributions to various pension arrangements, often an exit strategy from the practice is neglected or considered as a last minute item. Our experience shows that practice owners with a well planned exit strategy can enhance the sale price of their business and take control of the timing of their exit.

PFM can assist by undertaking a strategic analysis of the practice and by providing practical recommendations for those dentists considering their exit strategy. We will take time to consider your personal and business objectives including the timing of your practice sale and your plans for retirement (or continuing work). The detailed report will evaluate the position of your practice with specific regard to profitability and the readiness for sale. We will provide a strategy for you and your practice, aimed at meeting the following objectives:

• To prepare your practice for sale in order to maximise the sale price
• To secure a smooth sales process for you and your staff
• To control the timing of your exit

This service is aimed at practice owners within 3 years of selling the practice. If you would like more information on this service, please contact Paul Newsom or Martyn Bradshaw.