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Slide Prioritise succession planning Make life easier at each step of the exit journey RETIRE ON YOUR TERMS A common prerequisite for owners planning their exit, is that their practice remains independent. ProVision is dedicated to assisting members retire on their terms, while ensuring their hard work and legacy lives on well into the future by matching them with the right buyer wherever possible. acquisition, new practice fit out, property leasing, marketing plans, human resources and much more. POOL OF CANDIDATES It is encouraging to see that in 2021 independent optometry is alive and flourishing, as more optometrists recognise the intrinsic benefits that come from independent practice. ProVision is actively engaging with a healthy pool of candidates looking to acquire independent practices through our rapidly expanding Associates program, in addition to existing members looking to expand their practice portfolios. ITS NEVER TOO EARLY TO PLAN It is never too early to plan, in fact ProVision recommends a well-considered 10 to 15 year plan to provide owners with the best chance of success. Whether it is time to revisit an existing plan, or start one from scratch, beginning with the end in mind and working backward from that, will ensure a healthy work life balance in the lead up to retirement and a smooth transition out of practice ownership.

Slide Prioritise succession planning Make life easier at each step of the exit journey RETIRE ON YOUR TERMS POOL OF CANDIDATES ITS NEVER TOO EARLY TO PLAN

Slide Mark Corduff
ProVision Business Services Manager
"Selling a practice or entering a partnership requires careful planning and the right advice from the outset. Often in the current environment, owners are being approached to sell their practice before they had originally planned. In these situations, it is critical to be aware of all the options available and seek the most appropriate and best-informed
professional advice.
Engaging with a solicitor, accountant, and ProVision as trusted business advisors, is permitted under most non-disclosure agreements, so leaning on this breadth of experience and knowledge will ensure the right commercial and personal decisions are made."
It is critical to be aware of all the options to make the right commercial and personal
decisions


Slide Mark Corduff
ProVision Business Services Manager
"Selling a practice or entering a partnership requires careful planning and the right advice from the outset. Often in the current environment, owners are being approached to sell their practice before they had originally planned. In these situations, it is critical to be aware of all the options available and seek the most appropriate and best-informed professional advice. Engaging with a solicitor, accountant, and ProVision as trusted business advisors, is permitted under most non-disclosure agreements, so leaning on this breadth of experience and knowledge will ensure the right commercial and personal decisions are made."
It is critical to be aware of all the options

Introducing Successionpro

ProVision has further developed its succession planning program launching an interactive tool to make life easier at each step of the exit journey

Intro Maximise your
business value
BEGIN YOUR PLAN LEAVE YOUR LEGACY

Intro Maximise your
business value
BEGIN YOUR PLAN LEAVE YOUR LEGACY

Learn more about Successionpro via a confidential discussion about your succession plan with Mark Corduff, ProVision Business Services Manager.

We support your whole business

ProVision leads innovative independent optometrists with the most comprehensive level of business support
available in Australia. You keep your brand identity and highly valued independence
whilst leveraging expertise, services and tools across every business discipline.

  • People
    People

    People

    Recruit and manage your team and develop a positive practice culture
  • Practice
    Practice

    Practice

    Develop and improve your physical practice, leasing advice and assistance with buying and selling
  • Customer experience
    Customer experience

    Customer experience

    Patient journey development and ways to WOW your patients
  • Product range
    Product range

    Product range

    Range and inventory planning, category development, streamlined ordering and product display
  • Marketing
    Marketing

    Marketing

    Develop your brand, campaigns, patient acquisition and retention marketing
  • Finance
    Finance

    Finance

    ProVision account and financial management information
  • Strategy
    Strategy

    Strategy

    Maximise sales, grow and retain your patient base and plan for the future

Learn more

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