Should you be a practice owner? Three big questions to ask yourself

All that glitters is not gold but sometimes it can be

To be a practice owner, or not to be a practice owner.

Most GPs at one time or another contemplate the ownership question. 

And yes, it is often a great step to growing your income and assets, but it is also true that not everyone should do it.

There are a few things you should consider when you are at the decision point.


1. The margins or is it worth your time?

GP practices typically run on pretty skinny margins and unless you are actively running the business and taking the time to run the business in a business