According to feedback from dental professionals who attended a
recent business seminar, the intensive evening workshop met all its
objectives, as well as providing a great platform for
networking.
The seminar which was devised to help dentists become more
commercially focused in the way they run their practices, as well
as planning for the future was attended by dental professionals
from both the east and west Midlands.
Amongst the experts that joined forces to deliver the intensive
evening workshop, which took place at the Hilton Warwick Hotel, was
legal firm Alsters Kelley and Lloyds TSB Commercial.
Other seminar partners included accountancy practice TGFP and
Smith & Williamson Financial Services who each presented
compelling case studies to help delegates with the commercial
challenges that face all dentists in today's highly competitive
climate.
Presentation content included hot topics such as tax efficiency
and tax mitigation, planning and investment for retirement,
practice acquisition, surgery development and the full gamut of
financial advice.
Dentist Joanna Stock, who practices in Northamptonshire, found
the seminar informative as well as providing a forum for meeting
really useful professional contacts. She said:"For me it was an
opportunity for, if you like, comparing the market.
"I think forging a potential relationship with any financial or
legal person has to be viewed as a very personal one. It was good
to be able to have an informal chat with certain professionals,
before I made that important decision to actually make an
appointment to go along to see them."
Joanna is considering buying into the practice where she
currently works and therefore found the seminar really pertinent to
her circumstances.
"Raising finance in today's competitive climate seems to be
quite difficult, particularly where the multi-site investors are
constantly looking to expand their portfolios. They obviously have
a lot more financial gravitas than independents, in a similar
position to myself, wanting to buy into a practice. So I found
parts of the seminar relating to the legal and financial aspects of
acquisition, really informative.
"It also made me think about the future, and therefore the
pension and retirement planning session was most enlightening. One
thing that all dental practitioners have in common is that time is
precious, so to have access to a range of business professionals
under one roof in one evening was fantastic."