Succession Specialist at
Corporateyes Pty Ltd.
COURSES
succession planning? For many, it's mainly
about getting the ducks all in a row just
in case something happens. Personal risk,
practice risk and estate planning are all
important, but there's more to practice
succession planning if you want to create a
valuable and sellable practice.
case'. It calls for a strategic and coordinated
approach to exiting your practice, ensuring
that changes in ownership, management and
delivery of clinical work in your practice are
all planned, on purpose and proactive.
one of the key learnings gained by attendees
of a national series of Succession Planning
workshops for medical practitioners. In the
two-day workshops, which were delivered
over the past year, presenters shared
strategies, tactics and tools to help practice
owners and managers formulate their own
practice succession plans.
moments. Firstly, that regardless of practice
size, it's possible to create a practice that is
valuable and sellable. Secondly, that there are
more exit options available than an outright
sale to a third party and for many practice
and viable than the usual approaches.
valuable insights into the specific issues and
challenges faced by medical practitioners in
relation to planning their exit from practice.
In the months to come, the Private Practice
education partners will be delivering a revised
and updated version of the workshop.
· Maximisepracticevalue
· Createasellablepractice
· Attractabuyer/successor
· Safeguardtheestate
· Safeguardpracticevalue
· Maximisethe`takehome'valuei.e.
· Maximisereturnontheproceeds
·Ensurecontinuityforotherpractice
·Explorealternativesto`closingthedoors'.
presenters who are experts in their field.