1 June 2018

Page 1

CPD

6 Non-Scientific Hours

Exit planning Brief When it’s time to sell their practice, many dentists make decisions poorly due to a lack of knowledge and understanding of the impact of the choices being made. Many would-be sellers delay putting their practice on the market as they don’t know what to do next and are afraid of a loss of their identity. Others put their practice on the market with little understanding of the value of what they are selling. This course explains the steps involved and how to prepare your practice for sale to optimise the result in price, terms and compatibility with the purchaser.

Topics

Learning outcomes

ÜÜ Exit planning – how do you get your practice ready to sell ÜÜ Various exit strategies, including walk-in walk-out, the incremental sale, sell and stay on and grandfather options ÜÜ Succession planning – what you need to do now to prepare (and how do you manage the transition to retirement) ÜÜ Valuing your practice – what is the value in your dental practice and how to quantify the value ÜÜ Legal Agreements ÜÜ Effective strategies for transferring patients effectively from sell to buyer ÜÜ What to do next post sale – volunteer dentistry, locum, structure working part time or just retire? ÜÜ Understanding what you are selling ÜÜ Accountant considerations of exit planning – how do you prepare your accounts for sale and tax implications of the sale ÜÜ Valuing your practice – what is the value in your dental practice and how to quantify the value.

At the conclusion of this session, participants will be able to: ÜÜ Identify their likely exit strategy and buyer profile ÜÜ Understand the processes and steps involved in a sale ÜÜ Identify changes they can make to their practice to make it easier to sell and more attractive to buy ÜÜ Understand the legal agreements and complexities involved in the sale of a dental practice.

Mr Mark Fitzgerald

Mr Simon Palmer

Register for 2 or more courses and save up to 15%

FEES

DATE

Friday 1 June 2018

TIME

9:00am – 5:00pm

ADAVB Member

$250

VENUE

ADAVB Meeting Rooms Level 3, 10 Yarra Street South Yarra VIC

ADAVB Member – Recent Graduate

$150

Non-ADAVB Member

$440

FORMAT

Lecture

Non-ADAVB Member – Recent Graduate

$200

RSVP BY

Friday 25 June 2018

Retired / Dental Student /Staff Dental Hygienist / Oral Health Therapist

Proudly supported by

$85 $190


Fees chart IMPORTANT NOTE Discounted fees also applies if you bring a colleague. Colleague must be in the same category

DISCOUNT CATEGORY

Discounted fees only applies to lecture

FULL DAY COURSE FEES 1 course

2 or more courses (10% discount)

3 or more courses (15% discount)

ADAVB Member

$550

$990

$1,402

Recent Graduate

$300

$540

$765

Student / Retired

$170

$306

$433

Hygienist/Oral Health Therapist

$380

$550

$969

Dental Staff

$300

$540

$765

Non-ADAVB member

$880

$1,584

$2,244

Non-member Recent Graduate

$400

$720

$1,020

DISCOUNT CATEGORY

HALF DAY AND ECE COURSE FEES 1 course

2 or more courses (10% discount)

3 or more courses (15% discount)

ADAVB Member

$220

$396

$561

Recent Graduate

$160

$288

$408

Student / Retired

$22

$39

$56

Hygienist/Oral Health Therapist

$190

$342

$484

Dental Staff

$130

$234

$331

Non-ADAVB member

$390

$702

$994

Non-member Recent Graduate

$208

$374

$530

Register for 2 or more courses and save up to 15%


Registration form / tax invoice ABN 80 263 088 594 ARBN 152 948 680 RED’D ASSOC NO. A0022649E

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PRIMARY REGISTRANT I am a member of my ADA state branch Dentist

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HOW TO ENROL Telephone registrations are not accepted FAX: 03 8825 4644 • EMAIL: cpd@adavb.org • ONLINE: www.adavb.net • MAIL: ADAVB, PO Box 9015, South Yarra, VIC 3141 For further Information, please call (03) 8825 4600 This is a TAX INVOICE for GST upon payment. All rates are GST inclusive. Australian Dental Association, Victorian Branch Inc. Level 3, 10 Yarra Street, (PO Box 9015), South Yarra, Victoria 3141 Tel: 03 8825 4600 • Fax: 03 8825 4644 • Email: cpd@adavb.org • www.adavb.net

PLEASE NOTE: Your registration for these events indicates acceptance of ADAVB’s Terms and Conditions and Cancellation Policy. Make a copy of this registration form and maintain it for your records.


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