About client & bespoke solution
Family Dental Practice
The client was a sole trader running his own practice, where he was the dentist, with the usual support staff of hygienist, receptionist etc.
Pre-tax profits were in the region of £150K. This was before personal drawings.
Client wished to improve and expand the surgery /practice in order to generate more profit.
What We Did
The client was helped to restructure his business to protect all of the business assets including profit.
Results and Benefits
As a result of the tax efficiency of the new business a higher level of disposable cash was building up. This was re-invested back into the practice. The client was able to expand the surgery and bring in two additional dentists and the appropriate support staff.
The business is now generating more profit and the value is much greater.
The client referred his son who now uses the same structure.
About process:
Tax Reductions Re-Invested into Company.
Increased Profits and Bottom Line.
Now 3 Dentists and 8 Staff.
Make Contributions Regularly.