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Not for the Fainthearted!

08-09-2015

Right now, you are heading towards The Pension Regulator’s list of non-complaint firms. There is a clear process and immediate fines for businesses that are operating illegally. If you receive a letter – here’s what you’re in for: A fixed penalty notice of £400 for a breach of the law Further escalating penalty notices with … Continue reading “Not for the Fainthearted!”

Workplace Pensions – Do you know the Answers?

18-08-2015

When considering which scheme is right for you there are a few critical questions you need to know the answers to or you could be heading towards an administrative nightmare. Who offers pensions and who will offer you one? What do the different types of pensions do? How do you choose the right pension? How … Continue reading “Workplace Pensions – Do you know the Answers?”

How to Make a Winning Offer

05-08-2015

So, you view a practice and like it – in fact like it so much you want it. You put in an offer (along with many others such is the market). All going to plan so far. As there are multiple offers made you are invited to place a ‘sealed bid’. A sealed bid is … Continue reading “How to Make a Winning Offer”

Workplace Pensions – The Essentials

29-07-2015

As an employer, you will be well aware of Workplace Pensions. If not then you can get more information here and we would strongly urge you to do so as you could be staring in the face of an immediate £400 fine. In short it means that as a practice owner you have a legal obligation to … Continue reading “Workplace Pensions – The Essentials”

Discover exactly what you need to know before selling your practice

15-07-2015

Plan in advance – I often speak to principals who have booked their celebratory holiday even before getting their practice valued. Succession planning is vital and ideally you should be considering your options at least three years in advance. Always get a valuation – even more so if you are approached privately – do not … Continue reading “Discover exactly what you need to know before selling your practice”

Are you prepared?

02-07-2015

If you are starting to consider succession planning and have a leasehold practice you really need to ensure the terms and conditions of the lease are fit for a sale.  We see more practices come to the market as leasehold and whilst banks are happy to lend against a lease they do insist the lease … Continue reading “Are you prepared?”

Market Update on the NASDAL Survey

25-06-2015

It is interesting to see that the latest NASDAL survey reports that demand and not profitability is driving dental practice values.   There is no doubt that demand is incredibly high and has been for some time with no signs of this abating any time soon. It is also true to say that there are … Continue reading “Market Update on the NASDAL Survey”

CQC Inspection….Will you pass?

18-06-2015

Since April 2015 CQC recognised that Dentistry could be classed as low risk compared to other areas it covers and has introduced new fundamental standards and five key lines of enquiries.  Essentially this means all dental practices have to provide evidence they are fully compliant at all times across all five key lines of enquiries … Continue reading “CQC Inspection….Will you pass?”

Free Evaluation with Workplace Pension Scheme

16-06-2015

As an employer you have a legal obligation to provide a Workplace Pension scheme for your employees. This is being reported as the biggest issue facing UK businesses yet very few people are talking about it. This is primarily because the Staging Dates for smaller businesses aren’t until 2016-2017 – but few realise it can … Continue reading “Free Evaluation with Workplace Pension Scheme”

Top Leadership Quotes

11-06-2015

I’ve picked up valuable tips from some outstanding leaders over time and here are my top 6…. Screw it, let’s do it – Richard Branson I’m extraordinarily patient, provided I get my own way in the end – Margaret Thatcher All pressure if self-inflicted. It’s what you make of it, or how you let it rub … Continue reading “Top Leadership Quotes”

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Frank Taylor & Associates

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