04 Oct How Can I Grow My Practice?
How Can I Grow My Practice?
The desire of the majority of clients we come into contact with. There are a variety of means to stimulate “organic” practice growth depending upon existing conditions. However, there is also an “inorganic” approach which has proven successful and that is through a merge. Big business does this frequently. If we can identify a practice within a reasonable travel distance from a practice desiring growth, a merger is certainly worth the time to take a look at. Clearly there are many components which would need to come together for this to be successful for both practices.
If you know of a practicing doctor who is planning on retiring soon or has a desire to relieve themselves of the daily business operations, I would recommend having an initial conversation with them. If the conversation results in further exploration we can help in recommended framework.