FAQs
Frequently asked questions about Pods Alliance
The podiatrist will still be able to take advantage of many bulk-buying opportunities both specific to podiatry and outside of the industry (e.g. better value podiatry CPD education and access to finance/phone/internet services.
You will also receive dividends from profits of Pods Alliance and be supporting Pods Alliance in creating a stronger future for their profession.
There are also additional streams of income (such as referrals and commissions) that individual podiatrists can personally benefit from. Further to this, if an individual practitioner decides to open a practice one day, the tools and support available through the Pods Alliance ecosystem will ensure that the process is a lot simpler and easier.
The only overlap with the Association is that we both have a desire to benefit the Australian Podiatry profession.
Yes, you can sell your share back to the Co-Op at any time for the same nominal value associated with your original buy in.
The model we chose is that one Shareholder equals one vote, and not one vote per share held.
A lot of the capital raised will be used for employing resources to run the business. It will also be used to create the technology which will underpin the relationships with its Shareholder/customers and suppliers. Capital will also be used to drive innovation and establish new revenue streams.
Like all investments, there are inherit risks. The Pods Alliance team have spent 18 months working very hard to ensure this model is the right way forward for the profession, mitigating a lot of risk. Please ensure you read and understand the Disclosure Statement thoroughly. We also advise you seek legal advice before investing with any venture.
A practice owner will immediately see benefits in cost reductions in products and services used by the practice due to bulk-buying discounts and negotiations, as well as additional streams of income from new products and services added by Pods Alliance. Further to this, as a podiatrist the practice owner will receive dividends from profits of Pods Alliance and be supporting Pods Alliance in creating a stronger future for their profession.
Only Australian podiatrists can purchase shares and therefore have voting rights. Eligible Podiatrists must be registered with AHPRA.
Based on our forecasts the coop will begin generating Net Profit after Tax (NPAT) from FY20 (i.e. the financial year ending June 2020). Further detail is available in the investor Disclosure Statement.
No, absolutely not.
