A combination for success: the optometric partnership.
Mode of practice may be a critical factor in the success or failure of professional optometry. The advantages of partnerships competing with the corporate approach are numerous and hopefully clear to see. As optometric care becomes more complex and specialized, the maintenance or improvements in individual skills become more difficult. To attempt to maintain expertise in all areas has become nearly impossible and the group or partnership practice addresses this situation very well. Many methods of partnership formation have been described over the years, but the gradual buy-in, using earned profits, eases the financial burden, while reimbursing the seller in a very adequate manner. The methods as described make partnership affordable and practical, but the main ingredient of compatibility has to be present before any other consideration.
D007182:Income; D009817:Office Management / Q000191:economics*; D009907:Optometry; D010317:Partnership Practice / Q000458:organization & administration