Hiring a physician is a long-term commitment, which is why brining a locum on board first can be a viable short-term option or trial run.
The dream of expanding your practice can be a reality—if you plan carefully.
Advice for how to go solo — and be successful.
Consider how you appear to a bank by reviewing your cash, credit, and character before applying for a loan.
Before a bank issues you a loan, it will review your financial statements, your corporate structure, and how the loan will be used to make sure you’re a sound investment.
The decision to buy, sell, or merge a medical practice is more complicated than ever, and physician owners must have a clear understanding of the legal structure of the potential transaction.
Don’t be intimidated by the process of getting a real estate loan. It’s easier than you might think.
A line of credit can help medical practices weather cash flow ups and downs.
Rather than expending all your capital up front to buy the equipment, financing allows you to spread payments over time and free up capital for other business expenses.
You may need to expand your practice, but if you use space wisely, you may need less than you think.