How do I keep my physiotherapists on side while I plan to sell the clinic?
Tell them early enough to avoid rumours, show them what stays the same, and give them a reason to stay through the change. Your physios hold the patient relationships, so a buyer will look at whether they are likely to remain.
Silence does the most damage. Staff who sense a sale but hear nothing will fill the gap themselves. Decide with your lawyer when you can speak openly, then tell each person directly before it reaches them another way.
Say what you actually know. Explain, if the buyer agrees, who the buyer is, what is expected to stay, and what is still undecided. Do not promise what you cannot control, such as pay or schedules under new ownership. If the buyer is willing to meet the team, offer that early.
Think about what each physio wants. A senior clinician may want a say in the clinic’s direction, a newer one may want stable hours and training. Where it makes sense, a retention arrangement agreed in writing is better than a handshake. Your lawyer can draft it. Finally, keep the clinic running well. Keep patients booked, keep equipment in shape, and keep your own tone steady. A team that sees you still care about the clinic is more likely to give the next owner a fair chance. Remember that people leave when they feel ignored, not only when pay is low. A regular, short conversation with each physio, where you listen as much as you speak, tells you early who is worried, and gives you time to respond before a worry becomes a resignation.
Key takeaways
- Tell each physiotherapist directly, before rumours reach them.
- Be clear about what you know and do not promise outcomes.
- Put any retention arrangement in writing with your lawyer.
Related reading
13 pages on the same subject, grouped by topic.
Selling
Buying
- GuideBuying a physiotherapy clinic in Canada
- GuideHow to buy a physiotherapy clinic in Manitoba: licences, ownership rules and what transfers
- GuideHow to buy a physiotherapy clinic in New Brunswick: licences, ownership rules and what transfers
- GuideHow to buy a physiotherapy clinic in Newfoundland and Labrador: licences, ownership rules and what transfers
- GuideHow to buy a physiotherapy clinic in Nova Scotia: licences, ownership rules and what transfers
- GuideHow to buy a physiotherapy clinic in Prince Edward Island: licences, ownership rules and what transfers
- Expert answerIs an orthotics clinic’s shoe retail side worth checking separately before I buy?
Sources
This answer is checked against primary sources. Links were last confirmed on the dates shown.
- 01Business Development Bank of CanadaGovernment7 steps to increase your business’ value—before you sell it
- 02Banque de développement du Canada (BDC)GovernmentComment créer un plan de relève pour votre entreprise
- 03Business Development Bank of CanadaGovernmentHow to reduce employee turnover
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