Synergy - where working together causes the combined effect to be greater than the sum of the efforts of the parts.
It may not be entirely appropriate to compare partnership to a marriage,
but some of the same considerations apply in both cases. Before
accepting a new partner, you should be sure you have a good working
relationship with him or her, and that you have similar goals for the
future.
On this page we examine some of the issues confronting the
Transferor;
i.e., the retirement minded practitioner.
Change is inevitable!
As a sole practitioner from the baby boomer generation you have
become painfully aware that you are not getting any younger.
Running a small solo operation has also made it clear that time
allocation (time for work, life, business, fun, etc.) is almost
completely dictated by your clients.
Time wise, during certain times of the year or month you need another professional in your shop but you
are too small to justify and financially support a professional employee. Professionally, there are times when you
also wished you could talk to a colleague about technical matters. Have you
considered a practice association or continuation arrangement?
