Posts Tagged ‘restrictive covenant’

Top 10 Questions Dentists Ask When Buying or Selling a Dental Practice

Monday, September 12th, 2011 by Greg Auerbach

1. What’s the value of a dental practice? The value of a properly appraised practice is a function of two factors: Risk and Net Income.  The greater the risk to success in a practice, the lower the interest from buyers.  Higher risk translates to lower practice value.  Valuing a practice involves the review of three… read more »

Restrictive Covenants & Nonsolicitation

Monday, March 29th, 2010 by Fred Heppner

There is a need for employers to have appropriate protection in maintaining customer relationships after an employee leaves. In general, courts recognize this. The two basic types of restrictive covenants are “noncompete,” which precludes a former employee from working in the same business as the employer for a certain period of time, and “nonsolicitation,” which… read more »

Ten Questions to Ask About Your Buy-Sell Agreement

Thursday, December 4th, 2008 by Theodore Schumann

When practicing as a partner, one key agreement that should be in place is the buy-sell  agreement.  This stipulates the orderly purchase of a partner’s share of the practice if a partner  dies, becomes disabled, retires, or leaves the practice prior to retirement. Here are 10 questions to ask about your buy-sell agreement: 1. Is… read more »