Successful Succession Planning
Saturday 24 August
11.00am - 12.00pm
If you’ve read the most recent RNZCGP workforce survey, you will know that close to 50% of GPs are looking to retire in the next 10 years, with an even larger percentage of GP practice owners looking to retire.
Are you one of those looking to retire?
Do you have a succession plan?
Do you know what’s important to younger GPs, and future owners, to make your practice attractive?
Do you know how much your practice is worth and what will make it worth more?
Do you have a retirement plan?
Practice ownership can be a lifetime investment, but even when retiring at a pre-determined age, many GPs fail to adequately plan for their exit from their practice. If you have put most of your working life into the business, a successful exit strategy and succession plan can help you attain the life you want, and deserve, in retirement. On the flipside, without an exit plan, you run the risk of not obtaining a reasonable return on your investment or being unable to sell your practice.
In this session we will discuss some of the key factors to help you successfully exit your practice and enjoy your retirement.
Shaun joined MAS in 1980. He has held various positions within the organisation to date including Branch Manager, Business Advisor, and Regional Manager to his current role of National Manager - Business Advisory Services.
During this time, Shaun has gained extensive knowledge of the private health sector and leads the team that developed HealthyPractice® – an online business support service for General Medical, Dental, Veterinary and Specialist practices. Shaun has assisted health sector practices undertake successful practice premises developments, amalgamations, strategic planning processes and many other business undertakings.