YMP Top 10 YMP Consideration 05

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5. EASE OF PROPERTY CONVERSION

EXPLANATION

The strategic location of a medical practice is crucial for its success. This involves evaluating both the competition and the demographics of the area.

KEY CONSIDERATIONS

APPROVAL PATHWAY

Understand the local council’s approval process for converting the property to a medical use. This includes obtaining necessary permits and meeting health regulations.

PRACTITIONER CAPACITY

Assess how many practitioners can operate from the site and whether the layout supports the intended medical services.

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