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Finding the right partner

PARTNERSHIPS and sole principal businesses are probably still the most common trading structures for veterinary practices, although some have adopted one of the more commercial entities, such as a limited company. However, partnerships are not always successful and may eventually break down. The chances of this happening could be greatly reduced with some forethought and planning. To ensure a successful working relationship, it is important to be clear from the outset of the reasons for taking on a new partner and of the type of person who will fit that role, as Christine Stobbs explains.

Christine Stobbs started her career as a psychotherapist and now applies her skills mainly in the area of personal and professional development, using psychological testing and coaching techniques to enable individuals and organisations to move forward. In recent years, achieving the Institute of Directors' diploma in company direction has added director-level skills to her portfolio. She is a partner in Doherty Stobbs, a professional consultancy.