Before 2008, Principals sold practices because of distress at home:
• fear of divorce • fear of tax bills • fear of high borrowing levels
The legacy of the easy credit years, when banks were lending everything to everyone and affluenza was an epidemic.
In 2015, Principals are selling their practices because of distress at work:
• fear of the GDC • fear of litigation • fear of employment law • fear of contract law • fear of the CQC • fear of competition • fear of diminishing patient numbers • fear of the costs of refurbishment • fear of technology
So that is the legacy of regulation and complexity.
The asphyxiation of enterprise.
“These “letters” are the personal observations of me, Chris Barrow and are not intended to reflect the views of 7connections and its team members, they just give me permission to publish here on the basis that they can keep an eye on me, a bit like a mad relative at a wedding reception. I’m likely to upset the sensitive and outrage the sensible – if you fall into either of those camps then read at your peril.”