As your business or professional practice grows in size and profitability, you may be interested in expanding by buying a similar operation to your own. This can be a great way to take on additional professionals and staff members, gain new facilities and locations...
Month: May 2019
When should someone contest a will, and who can do it?
For the most part, will contests happen less often than the movies would have us believe. However, there are some circumstances where a will contest is appropriate. Perhaps a family member suspects someone took advantage of their loved one, or a creditor makes a claim...
Why you should think ahead about selling your dental practice
After working hard and building your dental practice from scratch, you might be eager to go to work each day and enjoy your interactions with the patients you brought together. You might be happy to see your staff, some of whom might have become your friends. You...
Choosing the right structure for your professional practice
Whether you're starting a dental practice, an accounting firm or another professional practice, one of the first decisions you need to make is how you wish to structure your business. Today, we discuss three of the most common structures for professional practices in...
Three tips for an effective business succession plan
After dedicating all the time and resources necessary to build your business, it is hard to imagine it all suddenly going away. However, unlike corporations, small businesses are at a high risk of failing if a partner or owner dies without a business succession plan....