Definition:

• A doctor who pays an agreed amount over a set time for space from another doctor and can operate this space as he/she sees fit within provincial practice guidelines. You run your practice out of another practice.

• You are the owner and will build your own practice immediately.
• Income potential is great and virtually unlimited.
• You determine practice operations/procedures.
• You determine clinical / treatment style / beliefs.
• You hire and fire as you choose.
• You select own equipment to suit your needs.
• Location is established and may get spin off from existing clinic.
• Can keep overhead low by sharing large expenses.
• Easy access to second opinion when required.
• Access to clinics suppliers.
• Set own hours to take opportunity when existing clinic closed.
• Schedule is flexible, can work on set up opportunity.
• Have flexibility to relocate the practice.

• Initial start up costs/capital required.
• No immediate income and negative cash flow.
• Patient flow is initially small and slow to build.
• You are responsible for and determine practice operations/procedures.
• You hire and fire as you choose.
• Staff may be inexperienced.
• You are responsible for employee training.
• Responsible for all administrative duties.
• Existing Doctor may provide fierce competition.

• Always have a lawyer evaluate the agreement before signing.
• Pay rent / overhead as a flat amount.
• Pay rent/overhead as a % of revenue to a maximum amount.
• Rent/overhead payment should include utilities, business taxes.
• Own costs include phone, advertising, chiro supplies, office supplies, financing costs, licensing, malpractice expense, and insurance.
• Opportunity to share large expenses such as receptionist and x-ray.
• Use of space at the discretion of the independent contractor as long as chiropractic treatment follows provincial guidelines.
• Unlimited access to the space.
• Walk-ins should be split 50/50.
• Can bring to the clinic any equipment, table, device, etc. as long as within provincial practice guidelines.
• Ability to set as you see fit.
• An idemnification and save harmless clause for both parties.
• Not allowed to bring another Doctor to the location.
• Contractor has option to extend the agreement.