How is my practice valued?

We assess your practice based on factors like profitability, sustainability, and the value of equipment and assets. Our goal is to provide a fair and transparent valuation.

Does equipment value affect the selling process?

Yes, equipment plays a role, especially in how it contributes to generating income. Well-maintained and utilised equipment can enhance your practice’s value.

What happens to equipment leases I still owe?

Outstanding equipment leases need to be settled as part of the buy-out process to ensure a smooth transition.

Will recently purchased equipment affect the sale value?

Yes, newer equipment with no outstanding payments can positively impact the offer, particularly if it’s actively used.

How will I be paid after the value has been determined?

Payment structures are tailored individually and may include an upfront payment, additional components over a period, and the opportunity to hold equity in Smileway.

Can I receive shares in Smileway?

Yes, we encourage our partners to become a shareholder, promoting long-term alignment and mutual growth.

How will I be remunerated after selling my practice?

Post-sale, you’ll be compensated through a transparent system reflecting your contributions. Specifics will be negotiated during the process.

What will happen to my staff?

Your staff will typically continue their roles, with their contracts transitioning to Smileway. We aim to enhance team operations while minimising disruptions.

What about the dentists employed in my practice?

We will discuss existing structures to maintain continuity for your clinical team, keeping them well-compensated and motivated.

What will be my role after the sale?

Your role can be tailored to your aspirations. Typically, you’ll continue your clinical work while we support administrative and operational tasks.

Will I still be involved in daily management?

While we handle administrative responsibilities, you remain key in maintaining the practice’s personality and leading decision-making.

How will Smileway be involved in managing the practice?

We manage administrative aspects to support the clinical team. We work collaboratively with you, making decisions in the best interest of the practice.

Will Smileway handle staff management?

Yes, we take responsibility for staff management, including recruitment and retention, working closely with you.

Will my name still be used to market the practice?

Yes, we aim to build upon your established brand and reputation, working with you on the best branding strategy.

Can I continue using the same dental materials?

Yes, we respect your clinical autonomy and support your preferences in materials and supplies.

Can I determine my own schedule and leave?

Absolutely. You have control over your schedule, supporting a balance between work and personal life.

Will Smileway assist with staff replacement if needed?

Yes, we manage support staff, including recruitment, and involve you in key hiring decisions.

How is the sales agreement structured?

We tailor the agreement to your unique practice, ensuring it aligns with your needs and goals.

How will my contract as a dentist work, and how will I be remunerated?

Details will be discussed during the sale process, ensuring your remuneration reflects your contributions.