Navigating the journey from associate to principal with expert accounting and tax advice
16 May 2025
Practice Owner & Business Management Theatre
B

Learning Content
Buying a practice can be an exciting prospect and making sure you have the right advice and go in with your eyes wide open is a crucial first step. Valuations, affordability calculations, the business structure and actually running a business are all things you need to consider. This session will equip you with the tools to get you started on the right foot.
- Affordability calculations, why they are important no matter what the value of the practice
- Understanding how the correct business structure makes a difference to your tax position and other regulations
- Know what to expect from the financial due diligence process when purchasing a practice
- Understand the financial differences of owning a practice and what you might expect in those initial years
Aims
If you’re thinking of taking those steps into owning your own practice we recommend this session for you, as business advisers we can navigate the jargon and give you some sensible practicable recommendations to follow as you pursue your dream of becoming a business owner.