Partnership In A Professional Practice
Mon, 14 September 2009 AEST
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Such sales of equity will necessitate the development of industry-accepted principles and finance approaches for succession.
Practices have used multi-practitioner professional partnerships to attract appropriate staff and rewared specialised skills. Professionals are seeing the evolution in the admission of junior partners. Also, with almost 60% of existing practitioners ready to retire in the next 10 years, partnerships will become a practical way for the profession to retain their skills.
To continue reading this article, please visit Ask An Expert - Medici Capital's Knowledge Base.
Medici Capital now operate a partnership facilitation service. If you're looking for a partnership in professional practice, please visit http://www.medici.com.au/partnerships/ for more information.
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