Succession Planning: What are the options available?
Simon Biles, Moore Scarrott Veterinary
Synopsis
You want to bring through the next generation of practice owners, but the due to practice growth and the subsequent valuations, you can’t see how they could ever afford to do so. It’s a familiar story across the profession. In this session, using case studies, Simon will run through some of the options available to facilitate the next generation of practice owners that makes it financially attractive for them, but without the existing owners selling themselves short.
Learning Outcomes
- Potential options available for new partner admissions
- How those can be structured to be financially attractive for both the new and existing partners
