The Must‑Have Documents Before Adding a Partner with Vanessa Ferguson

Buy-sell agreements are the overlooked safety net that determines whether your practice survives partnership turbulence or gets stuck in a deadlock. Host Brandon Seigel sits down with attorney Vanessa Ferguson to explain what a buy-sell agreement really does, why you may need one even before adding a partner, and the critical provisions most owners miss—valuation, funding, and tailored trigger events. They also unpack the risks of 50/50 splits, the difference between profit sharing and ownership, and how to prevent outside parties from gaining control in messy life events. If you’re considering a partner or thinking about offering equity to employees, this episode will help you protect your practice before problems arise. What You'll Learn ▪️What a buy-sell agreement is and why it’s essential even pre-partnership ▪️How to document ownership and avoid 50/50 deadlocks ▪️The most important triggers to include (e.g., fraud, relocation, non-participation) ▪️Why valuation and funding provisions are non-negotiable ▪️The difference between profit sharing and ownership—and safer incentive options ▪️How to separate financial benefits from control when outsiders gain an interest ▪️When to review and update agreements as dynamics change Protect your practice like it matters—because it does. Like, subscribe, and share this episode with a colleague who needs to hear it today. #PrivatePractice #BuySellAgreement #PracticeOwnership #Partnership #LegalStrategy Catch the full Private Practice Survival Guide Podcast episode: Buy-Sell Agreements: The Partnership Protection Most Practices Don't Have with Vanessa Ferguson ▶    • Buy-Sell Agreements: The Partnership Prote...   Vanessa Ferguson is a business and intellectual property attorney and founder of Fidara Legal, PLLC. She helps private practice owners and entrepreneurs protect their brands, content, and contracts before legal issues disrupt growth. Vanessa brings a practical, preventative approach to law rooted in IP, privacy, and long-term business strategy. http://FidaraLegal.com 📺 Watch and subscribe to the newest episode on the Private Practice Survival Guide Podcast 🎙️ Listen to the #podcast on your favorite platform: https://open.spotify.com/show/0iipnts... Welcome to Private Practice Survival Guide Podcast hosted by Brandon Seigel! Brandon Seigel, President of Wellness Works Management Partners, is an internationally known private practice consultant with over fifteen years of executive leadership experience. Seigel's book "The Private Practice Survival Guide" takes private practice entrepreneurs on a journey to unlocking key strategies for surviving―and thriving―in today’s business environment. Now Brandon Seigel goes beyond the book and brings the same great tips, tricks, and anecdotes to improve your private practice in this companion podcast. Get In Touch With Me Podcast Website: https://www.privatepracticesurvivalgu... LinkedIn:   / brandonseigel   Instagram:   / brandonseigel   https://wellnessworksmedicalbilling.com Private Practice Survival Guide Book: https://www.amazon.com/Private-Practi... This show is proudly produced at PS Studios — learn more https://www.psstudios.co