Understanding the California General Partnership
General Partnerships in California The California general partnership is the default entity formed when two individuals carry on a business activity for intended commercial gains and with the intent to share profits and losses. California general partnerships are one of the several common forms of business ownership and have a lot in common with sole-proprietorship. There is […]
Hiring a Dentist: Employee or Independent Contractor?
Owner dentists must make the difficult distinction between treating an associate dentist as an independent contractor or an employee. While this has always been difficult to do, the line is becoming more and more blurred. This distinction, however, has important implications for your practice for a number of reasons: An employee has certain rights upon termination […]
Buying A Dental Practice Checklist: 10 Easy Steps to Acquisition
Are you considering buying a dental practice but unsure where to begin? Whether you’re a recent graduate, an associate, or expanding your current practice, buying a dental practice can feel overwhelming, regardless of your experience. Multiple factors must align for a successful acquisition, so having an experienced dental attorney is crucial. Despite the challenges, buying […]
7 Powerful Reasons to Choose a California Professional Corporation for Your Practice
Thinking of elevating your practice in California? Discover how forming a California professional corporation can offer you unparalleled benefits, protect your assets, and ensure compliance in your field.
Dental Transitions: A Summary of Events
Purchasing or Selling a dental practice can be one of the most important events in a dentists career. For those who are buying it will greatly impact their quality of life for the foreseeable future. For those who are selling it can help them get to a place of financial independence in retirement, or allow them to transition into a new practice or career.
Here is a brief outline of some of the major aspects of a dental practice transition.