Professional Practice Planning

Professional Practice Planning

Proactive Planning
We make sure it gets done. We deliver constant value. You focus on your practice.


We recognize that running a private practice requires special attention. Our team’s focus on advising and assisting professionals was derived from seeing the challenges that medical, dental and other professionals face. From these experiences, we have gained unique knowledge in these professional industries and practice planning that has become the foundation to NC Planning’s healthcare client model.

We want to be more than a legal transaction. We want to be your advisor and the solution to your needs. We take a comprehensive & proactive relationship-based approach to help you maintain success and accomplish your growth goals. We will work with your advisory team to make sure the following operations are taken care of so you can focus more on your patients, and less on the logistics of running your practice.

Phases of the Professional Life Cycle

We have developed a strategic plan for each stage of a professional’s legal life cycle, covering everything from when you are just starting out as an associate to preparing for retirement. Each plan addresses the legal needs of a dentist or physician throughout their career. It is our job to prevent problems before they happen and to ensure that you and your practice are protected at all times. Below we have listed the services we provide for each phase on a fixed fee basis.


1.Associateship Phase

If you’re not ready to start your own practice or buy-into another one, you will still have ongoing legal needs that require careful planning to make sure a decision made today doesn’t negatively impact you later on in your career. In this phase, you’re most likely concerned with finding a job and beginning to build your net worth and reputation, but the key is to start out right. Let NC Planning help by reviewing your associate employment agreement, addressing your other primary legal concerns, and helping you get on the right legal path for the next level.










2.Ownership Phase

-New Practice Services-

Whether you’ve just finished school and are ready to go out on your own or you’ve been working for several years and now is the time to either buy or buy into an existing practice, having your legal advisor assist is a vital necessity in getting your practice off on the right foot. NC Planning provides exceptional legal service and counsel in regards to practice acquisition, practice operating agreement, shareholder or member buy-sell agreements and exit planning, employment concerns, ongoing legal compliance, permits and licensing, trademarks and service marks, real estate purchases and leases, equipment leases and purchase, growth, personal and business planning and asset protection, and many other facets of preparing, implementing and improving the legal planning for your practice.














Professional Practice Planning


3.Operations & Growth Phase

-Practice Check Up-

As important as it is to remind your patients of the need for regular checkups or physicals, it is just as important for you to have regular practice check ups to maintain the health of your business.

At NC Planning, we want to be more than a legal transaction. We want to be your advisor and the solution to your needs. We take a comprehensive & proactive relationship-based approach to help you maintain success and accomplish your growth goals. We will work with your advisory team to make sure the following operations are taken care of so you can focus more on your patients, and less on the logistics of running your practice.

  • Financial Benchmarking & Analysis
  • Debt and Loan Review
  • Practice Valuation
  • Tax Review and Projections
  • Expense Ratios and Comparisons
  • Retirement and Benefit Planning
  • Legal Structure and Entity Compliance Audit
  • Buy-Sell and Succession Planning
  • Expansion Strategies and Advantages
  • Employee Structure and Key Roles
  • Insurance Policy and Costs Review
  • IT and Disaster Planning
  • Tax Efficiency and Opportunities
  • Marketing Planning
  • Vendor Arrangements and Cost Impact
  • Long Term Strategy and Exit Planning


4.Multi-Practice Phase

Our multi-practice legal planning platform is designed for those professionals who currently have multiple practices, larger practices or who intend to grow to multi or larger practice ownership. Our team can help facilitate your practice goals through proper legal planning, whether such goals include aggressive acquisition and growth, or are based on a more measured development over time. This platform combines our services offered in the ownership and operations/growth phase with a platform developed specifically for our multi-practice ownership clients to focus in on efficiency and structure as well as exit strategies.










5.Succession Planning Phase

It is incredibly important to prepare and incorporate an exit strategy into your career and practice. This can take the shape of any number of scenarios, including succession, sale, merger, and others. Regardless of the form, when you are ready to leave your practice, it is best to have a well thought out plan in place. Whether you are ready to retire or just looking for a career change, you will want to have an exit strategy. There are many questions that need to be answered and strategies that can help you receive the most value for your practice. We can help guide you through the process while saving you time and money.