Partnership can be a powerful tool to attract or retain great optometrists, accelerate practice growth, and share the weight of running a small business.    However, mistakes in the legal or financial construct of a partnership can imbed time bombs that aren’t obvious today but can create havoc when partners can least afford disruptions.

In this one-hour lecture, Natalie Hayes Schmook, CFP, of Hayes Wealth Advisors and Nathan Hayes, IDOC’s Director of Financial Services, will draw on their experience seeing the good, the bad, and the ugly of partnerships to help you:

1. Evaluate the fitness of prospective partners and your practice’s readiness to add an owner.
2. Learn the key elements of a partnership agreement so your relationship and your practice can thrive from the initial buy-in to the final exit.
3. Be warned of small mistakes that can cause big problems later, especially as one partner prepares to retire.