Iain Stevenson explains how important it is to step back and look at your existing contracts within a practice.
When you decide to move from NHS to private dentistry, there are plenty of tasks on your to-do list.
One of the items that it’s wise to include on that list, but may not be so obvious, is to review your existing contracts.
Review your contracts
Often, things like partnership agreements and associate agreements are drawn up. But then you may not look at them again. Usually because you’re so busy with the day-to-day running of the practice.
However, making a significant change to the business, like leaving the NHS, presents a good opportunity to take a step back and look at the practice as a whole.
It’s a chance to review what contracts you have in place. Make sure everything is as it should be and also that you’re not exposing yourself to any risks without realising.
In this video, Wesleyan Financial Services’ head of dental, Iain Stevenson, explains the benefits of re-visiting those past agreements and contracts. He explains why you should ensure they’re up-to-date. And that they fit in with the needs of your practice as you move into private dentistry.
If you’re thinking of making the change to private dentistry with the benefit of a membership plan, Practice Plan’s team of experienced regional support managers can talk to you about your options and guide you through how the whole process works to help you make well-informed decisions about your future.
Practice Plan has years of experience helping over 1,500 dental practices to transform the profitability of their business through the combination of a well-populated plan and personalised support, including marketing, business advice, events, and training.
To set up an initial conversation with a member of the Practice Plan team, call 01691 684165 or go to www.practiceplan.co.uk/events/making-the-move-from-nhs-to-private-dentistry-one-to-one-virtual-clinic.
