A guide to parting ways without rancour

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DEAR AUNT MASIE

A guide to parting ways without rancour

4 August 2021

Dear Aunt MASie

Wednesday 4 August 2021, 01:30 AM

farewell sign_CR_Jan_Tinneberg_on_Unsplash

Principals often have the right to sell their own practice, so the exit process should be spelled out in a formal, written practice agreement

One of the GP principals has decided it’s time to leave the practice to pursue a different career path. We are supportive of his choice, but would like to have a say in who buys into the group. What options do we have to approve the buyer of his practice and manage this process?
Green fields, Auckland

Without a formal agreement, you may retain different memories of discussions and agreements reached some time ago Ideally, you will already have , Shaun Phelan, Shaun Phelan

General Practice

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