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Getting Out of a Lease
Last year I signed a five-year lease with a laser company. I have been paying about $3,000 a month. I do not have many customers, and the payment is a big burden for me. I have tried to sell to other physicians without success. What can I do to get out of this lease? I am very desperate.
Question: Last year I signed a five-year lease with a laser company. I have been paying about $3,000 a month. I do not have many customers, and the payment is a big burden for me. I have tried to sell to other physicians without success. What can I do to get out of this lease? I am very desperate.
Answer: You need to read the contract in very close detail to see if there are exit or other similar clauses. It may cost you something, but that may be less expensive in the long run.You can also look at the other side of the equation. You must have expected to have customers when you leased the laser. What happened? Wrong audience? Too little marketing? If you can identify what went wrong and devise a way to change it, maybe you can begin to recoup your costs.
Asset Protection and Financial Planning
December 6th 2021Asset protection attorney and regular Physicians Practice contributor Ike Devji and Anthony Williams, an investment advisor representative and the founder and president of Mosaic Financial Associates, discuss the impact of COVID-19 on high-earner assets and financial planning, impending tax changes, common asset protection and wealth preservation mistakes high earners make, and more.
Reducing burnout with medical scribes
November 29th 2021Physicians Practice® spoke with Fernando Mendoza, MD, FAAP, FACEP, the founder and CEO of Scrivas, LLC, about the rising rates of reported burnout among physicians and how medical scribes might be able to alleviate some pressures from physicians.
