Articles for Physicians

Ensuring a Healthy Credit Profile in Ten Easy Steps

by Greg Owens |  Published 02/07/2013  |  Financing & Financial Planning :  Physicians

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Well before you meet with your broker or contractor to purchase or start a medical practice, investigate the condition of your credit profile. Your credit report will have a significant impact on your ability to obtain practice financing with the best possible interest rates.

Lease or Term Loan - What Is Right For Your Practice?

by Allison Farey |  Published 12/01/2007  |  Financing & Financial Planning :  Physicians  |  Financing & Financial Planning  :  Vet

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It’s amazing how your bottom line is affected by the equipment financing you choose. But which option is best for your practice? Here’s an overview.

Medical Practitioner or Practice Owner: Making the Choice That's Right for You

by Allison Farey |  Published 09/20/2007  |  Practice Acquisition & Start-Up :  Physicians

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During your professional life, you will reach a number of key turning points that will shape your career path and financial future. Deciding to move from practicing your specialty as an employee in another organization to owning your own practice is one such time.

Associateship to Buy-in: The Importance of Written Agreements Part 1

by A. Lee Maddox |  Published 07/02/2009  |  Legal & Business Planning :  Physicians

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Physicians associating with owner-doctors have become more prevalent in recent years than has been the case in the past. The number of doctors graduating from medical school, the increased overhead costs of operating one’s practice, the rigor of starting a practice from scratch and the increasing difficulty of obtaining total institutional financing to purchase practices are all reasons for the unbridled growth of associateships.

Associateship to Buy in: The Importance of Written Agreements - Part 2

by Maddox and Josselson |  Published 07/28/2009  |  Legal & Business Planning :  Physicians

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Purchase Agreements: More Than Meets The Eye

by Robert Blass |  Published 08/20/2007  |  Practice Acquisition & Start-Up :  Physicians  |  Legal & Business Planning :  Physicians

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Purchase agreements do not make for sizzling summer reading, but they go a long way to providing legal protection when buying a practice. Not surprisingly, doctors tend to focus on purchase price and basic business terms. But purchase agreements also address many less obvious, but equally important, legal issues.

Assembling A Winning Team: How Predictable Are Your Hiring Practices?

by Virginia Moore |  Published 02/15/2008  |  Practice Management & Marketing :  Physicians

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“It should have worked out - she had 15 years of experience.”

How the Entity You Select Can Protect You From Liability

by William Prescott |  Published 03/15/2007  |  Practice Acquisition & Start-Up :  Physicians  |  Financing & Financial Planning :  Physicians

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Are you forming or purchasing a practice? Are you planning to practice with another doctor? What entity form is appropriate and what do you need to know to select the right one?

Building Your Practice Through Debt Consolidation

by Author Not Available |  Published 08/06/2007  |  Financing & Financial Planning :  Physicians

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Financial institutions allow us to achieve our dreams like never before. If you’re like most practitioners, you probably took out your first loan to finance medical school.

Using Cost Segregation to Reduce Building Cost

by Allen Schiff |  Published 03/29/2007  |  Office Design & Construction :  Physicians  |  Financing & Financial Planning :  Physicians

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Performing Financial Due Diligence

While there are many reasons to improve your current facility or purchase a new building for your medical practice, there is one you may not have considered.

Five Characteristics of Successful Buyers and Sellers

by Tammara Plankers |  Published 07/02/2009  |  Practice Acquisition & Start-Up :  Physicians

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To successfully purchase or sell a medical practice requires a certain amount of know-how. Most of all, successful buyers and sellers possess keen planning and organizational skills that ensure they are on the right path and asking the right questions. Do you possess the five key characteristics for successfully completing a medical practice sale or purchase?

Key Steps to a Successful Exit Strategy

by Laurie Houghton |  Published 10/12/2012  |  Legal & Business Planning :  Physicians  |  Financing & Financial Planning :  Physicians  |  Practice Management & Marketing :  Physicians

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It's all in your mind: The secret to ownership success

by Allison Farey |  Published 10/16/2012  |  Practice Management & Marketing :  Physicians  |  Practice Acquisition & Start-Up :  Physicians

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Retirement: Both a Business and Personal Priority

by Chelle Gonzo |  Published 02/06/2013  |  Legal & Business Planning :  Physicians

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Are you planning or ready for retirement? As a physician you may have both business retirement and personal retirement issues to address.  In order to help you prepare, review the following retirement planning issues and ask your investments professional for assistance and guidance.

Using Leadership to Overcome Transition Challenges

by Tammara Plankers |  Published 02/07/2013  |  Practice Acquisition & Start-Up :  Physicians

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Financing Options for Your Practice Purchase, Start-Up or Expansion Project Part 2

by Jim Baum  |  Published 02/15/2013  |  Financing & Financial Planning :  Physicians  |  Practice Acquisition & Start-Up :  Physicians

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Five Reasons to Purchase Your Business Property

by William Frazier |  Published 02/15/2013  |  Financing & Financial Planning :  Physicians  |  Office Design & Construction :  Physicians

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Refinancing: A Hidden Opportunity to Generate Cash Flow

by Wendy Catone |  Published 02/15/2013  |  Financing & Financial Planning :  Physicians

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Getting Your Ducks in a Row: Planning a Successful Start-up or Expansion

by Richard Armstrong |  Published 02/15/2013  |  Practice Acquisition & Start-Up :  Physicians

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Have you ever wondered what it means to “get your ducks in a row”?  If you’re planning a major start-up, remodel or expansion project, now is the time to find out.

Financing Options for Your Practice Purchase, Start-Up or Expansion Project Part 1

by Jim Baum  |  Published 02/15/2013  |  Practice Acquisition & Start-Up :  Physicians  |  Financing & Financial Planning :  Physicians

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