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The DIY Problem: Why You Shouldn't Navigate an IDSO Partnership Alone
Manage episode 371667056 series 3487485
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Are you ready to navigate the labyrinth of invisible DSO partnerships on your own? (Spoiler: you're probably not). Settle in as LPS co-founder and host Chip Fitchner guides you through the maze of variables and "gotchas" underlying the IDSO world, from employee agreements to associate ownership. By the end of this episode, you'll appreciate why it's crucial to have a pro by your side to decipher these complex aspects, avoid common pitfalls, and advocate on your behalf for the highest possible value. Chip even shares with you a couple real-life examples where practices that eventually engaged in a bidding process led by LPS secured many, many millions more than the initial offers they received when going-it-alone.
This episode is a treasure trove of insights that demonstrate how LPS achieved over $600m in IDSO partnerships in 2022 alone. This episode is not just about highlighting the potential pitfalls of DIY-ing a partnership, it's about empowering you to maximize the value of your practice and create generational wealth. So join Chip on this journey and let's conquer the IDSO world together!
Large Practice Sales is the largest advisor to GPs and specialists of all kinds seeking to monetize all or part of their practice. If you're interested in learning the potential value of your practice in an IDSO partnership, visit our website or you can email us at podcast@largepracticesales.com
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