For many senior dental professionals, planning ownership succession is a challenge. Practices can, of course, be sold to big corporate buyers but there are alternatives
On 22 April 2021, the Employee Ownership Wales team ran a webinar focussing on the opportunity for dental businesses to become employee owned by using the Employee Ownership Trust approach. The information in this webinar may also be of interest to General Practitioners who are looking for a solution to their succession planning.
We were delighted to welcome Mick Allen, George Warmisham and Malcolm Lynch as guest speakers at the webinar.
George Warmisham is a Director and Trustee of Gateway Dental Practice, which is based in Abergavenny. They have transitioned to Employee Ownership to help keep their valued team together. They have opted for a ‘John Lewis style’ indirect, ‘held in trust’ model. Watch this video to hear more about their experience.
Implementing an Employee Ownership Trust takes some planning and we can provide that planning fully-funded. We can guide you through the entire process, so you get the right result for you, your business and employees.
Our fully funded Options Appraisal will explore how an Employee Ownership Trust can work for your company.