220 practice ownership: things to consider!

Dev covers the ins and outs of owning your own health care practice and re-negotiating contracts. Thanks Campbell and Jo for your questions! Dev unpacks: 👉🏾 the benefits, pros and cons 👉🏿 what makes a good practice 👉🏻 things to look out for when establishing or buying a practice 👉 practice ownership structure 👉🏼goodwill - who cares! 👉🏽 partnerships and red flags 👉🏿 what is profit sharing? 👉🏻 shielding yourself behind a company structure 👉🏾 contracts - negotiating for sole traders/employees 👉 trade restraint clauses 👉🏽 his overall views on practice ownership Altus Financial is for medical professionals who want to feel good about their finances. Visit https://bit.ly/altusm3m 🛑 Please read our disclaimer + warnings before listening to this episode 📝 Episode transcript: https://bit.ly/m3meptranscripts 🏡 Join our facebook group for healthcare professionals 💸 Quick links to our resources and $20 off The Glen James Spending Plan my millennial money medical is produced by SYMO interactive, home of my millennial money. Any advice is general financial advice only which does not take into account your objectives, financial situation or needs. Because of that, you should consider if the advice is appropriate to you and your needs, before acting on the information. If you do choose to buy a financial product read the product disclosure statement (PDS) and target market determination (TMD) and obtain appropriate financial advice tailored to your needs. The host of this podcast is an authorised representative of Money Sherpa PTY LTD, which holds financial services license 451289. To download the financial services guide, please visit: https://moneymoneymoney.squarespace.com/s/FSG-Dev-Raga-Personal-Finance-August-2025.pdf