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Online event: Buying a dental practice - part 1 of 3

Event Type
BDA TRAINING
Event Subject
Business management
Topics
Development Outcomes (B, D)
Topic Groups (Business Management, Finance, Practice purchase)
Date
Wednesday 3 November 2021
Time
19:00 - 21:00
Venue
BDA e-learning
Address
www.bda.org/ilearn, ONLINE
Speakers
Victoria Michell
Booking Fees
  • Dental Care Professional: £20.00
  • Essential Member: £40.00
  • Expert Member: £40.00
  • Extra Member: £40.00
  • Senior member: £40.00
  • Non member: £60.00
  • Student member: £40.00

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Contact details

Contact Rebecca Quin

Tel 0207 5634199

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ONLINE EVENT

Buying a dental practice part 1 - Preparing yourself

Wednesday 3 November 2021 (19:00 - 21:00) 


Additional Buying a dental practice sessions:

Buying a dental practice part 2 - The legalities
W
ednesday 10 November 2021 (19:00 - 21:00) 

Buying a dental practice - part 3 - Running a compliant practice
W
ednesday 17 November 2021 (19:00 - 20:30) 


Sponsored by:

Henry Schein MediEstates

With changes to the economic landscape, dental regulation and legal red tape, the practice purchase process has become progressively burdensome on buyers and sellers alike. It is increasingly important to prepare yourself in advance to reduce the stress and strain placed on you at the point of purchase and the first few months of ownership.

Whether you are considering buying your own practice in the near or medium-term future, this three part online event will equip you with the tools to buy and run your own practice.

You can book all three parts of the online event to gain a comprehensive guide to buying a dental practice, alternatively, you can book one or two of the events depending on your current needs.

Aim:

This online event will provide participants with an understanding of the processes involved in buying in a dental practice and how to write a business plan.

Learning objectives:

  • Understand the process of buying a practice
  • Be able to write a business plan

Learning content:

The online event will provide the participant with the tools needed to successfully navigate practice ownership. This is done through a series of two online lectures with the opportunity to ask the speakers questions.

​Programme

19:00
A guide to preparing to buy a dental practice
  • Understand who is who in the process
  • Understand the different types of practice and purchases
  • Obtain a checklist for the process.

Victoria Michell, Practice Management Consultant, BDA

​19:50
Becoming a principal – buying & financing the purchase
  • Getting started – becoming a practice principal 
  • Understanding the current market
  • How COVID has impacted the current market and buying trends
  • How to write an affective business plan
  • Gain knowledge of the current rates from the banks

Sam Beadle, Business Development Manager, MediEstates
Kimberley Parker,
Business Manager, Henry Schein Financial Services


​20:40
Q&A with the speakers
  • A chance to ask both speakers questions.
​21:00
Close of event

About the speakers

Sam Beadle.jpg

Sam Beadle
Business Development Manager, MediEstates

Sam is the Business Development Manager at MediEstates, professional graduate from Leeds Metropolitan University having 8 Years' experience in the dental industry. He oversees all practice transactions through the MediEstates department and this allows him to have a birds-eye-view of the current sales market across the whole of the UK.

Victoria Michell.jpg

Victoria Michell
Practice Management Consultant, BDA

Victoria is an advisor in the NHS, Business and General Practice advice team. She qualified as a solicitor in 2010 having trained in the City of London. She worked for the financial regulator before moving to the BDA and undertook a secondment representing clients buying and selling dental practices.

Kimberley Parker.jpg

Kimberley Parker
Business Manager, Henry Schein Financial Services

Kimberley is the Business Manager of the Henry Schein Financial Services team. She has a wealth experience in financial services within the Dental Sector that has spanned a decade. This has been centered around arranging practice finance loans for the purchase of dental practices and arranging asset finance facilities for the purchase of Dental equipment and consumables.



Fees

​BDA member
​£40
​Non-member
​£60
​Dental Care Professional
​£20

The above fees apply to the online version of this event.

Cancellation terms

All cancellations must be received in writing by email to events@bda.org

Cancellations received 7 days or more prior to a virtual event will be entitled to a 100% refund. For cancellations received after this time, no refund will be given. Failure to attend the event on the day will constitute late cancellation and no refund will be given.

How to book

**We are currently unable to accept payment by cheque and bookings by post. Therefore please book online, over the phone or email a completed booking form to events@bda.org**

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Online

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By phone

020 7563 4590

By booking form

 Print, complete then return a booking form


To book online:

Login to the BDA website first. Then use the pink 'Register' button at the top right of this page.

Once you have secured your place, you will receive an email with further instructions. Confirmation emails are typically dispatched at 09:00 each day.

Please be sure to follow the steps contained in your email to ensure your unique access link for the live webinar reaches you.

If you do not know your website login you can reset your password.

If you wish to book as a Non-member or Dental Care Professional and do not already have a BDA website username and password enabling you to book online, fill in this form and we'll set you up with a temporary username and password. Alternatively contact the Events team events@bda.org or 020 7563 4590.


Thank you to our sponsor - MediEstates

Henry Schein MediEstatesMediEstates

MediEstates is a family run business that has grown and developed alongside the dental industry and is now acknowledged as the largest specialist broker of Dental Practices in the UK. Our signature approach, personable yet highly driven, has seen us set the benchmark service standards within the sector. Selling your practice can be a difficult time, our expert advice is there to ease the process and inform you at every stage. Alongside our sister companies of MediCruit and MediFinancial we form the UK’s largest dental consultancy company and have the know-how to make your sale as effortless as we can.


CPD

Development Outcomes: B and D

2 hours CPD

The online event meets the educational criteria set by the GDC for enhanced CPD and is certified by the British Dental Association.

CPD certificates will be issued once attendance has been validated and questionnaire responses reviewed.



Further information

Should you have any questions regarding this online event please email the team: events@bda.org