The Last Word: Choosing a Business Partner

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The prospect of setting up an aesthetic clinic can be an exciting but daunting venture. Knowing where to start and navigating through the clinical and business aspects can be a challenge. You may contemplate whether it is best to go at this alone or with a business partner. Some argue there is little benefit in having a partner, only causing frustrations with shared authority, conflict over decisions and different approaches to work, practice and business.1 However, after recently going into business together alongside two other non-clinical partners, we believe this approach can and should be considered.
One of the most obvious reasons to open a clinic with a business partner is that the financial burden can be spread between one or more parties. This allows for lower start-up costs and you might even be able to invest more money into the business which you might not have been able to…

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