Recorded webinar: Practical advice for leasing or owning a practice

April 16, 2024

To continue to build on physician’s knowledge about running their clinic, Doctors of BC's Business Pathways program recently hosted the second session in the Business Clinic series, “Practical advice for leasing or owning a practice,” with returning speaker, Cameron Funnell, from Watson Goepel LLP. 

This webinar examines the benefits and drawbacks of purchasing a medical practice versus leasing and reviewed a checklist for physicians when looking for an ideal location.

Important elements of a contract are also discussed, such as lease length, tenant and landlord responsibilities/liabilities, rent, operational costs, deposit, personal guarantees, contract renewal possibilities, and assignment and subletting options.  

The webinar concludes with an informative Q&A session that includes legal suggestions as well as information that tenants frequently overlook.