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Specializing in Dental Practice Sales, Transitions, and Appraisals |
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George D. Stollings and Associates, Inc. |
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Company General Contact Information: |
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Forming A Partnership? |
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STAGED EQUITY PLAN
¨ An alternative to standard partnerships (avoids many of the “Pitfalls of Partnerships”); ¨ Provides the co-practice & expense sharing benefits of partnerships; ¨ Fairly compensates (monetarily) the practice owner for the portion of the practice’s ownership obtained by the associate, without requiring the associate take on a very large buy-in debt burden, thus eliminating one of the primary financial resistance obstacles; ¨ Reduces or eliminates the buy-in financing problem created by the undivided interest aspect of partnership assets, which reduce their collateral value to lenders; ¨ Provides the practice owner and associate with two structure options, allowing the co-practice arrangement to be either: (i) that of a partnership; or, (ii) that of two individually owned practices, cooperatively practicing together in an expense sharing arrangement; ¨ Eliminates the debate over whether (or not) and associate should have to pay for the portion of the practice’s value created by the associate’s production, collections, and other contributions to the practice; ¨ Provides for potentially easier, less financially damaging separation in the event that in the future the two parties / partners wish to separate their practices; ¨ Helps to maintain or increase the open-market “sellability” of the original owner’s remaining share of the practice.
For Detailed Information, and Explanation: Call or E-Mail George D. Stollings, D.D.S. (304) 486-5714 |
Examine & Compare The Staged Equity Plan |
