By Corey Young, DDS, MBA, ABI and Jen Bennett, OMNI Practice Group
Congratulations! You just achieved a major professional milestone in completing the purchase of your new practice.
There are many tasks that will require your immediate attention after closing, but one often overlooked item that is crucial to your transition is ensuring you retain the staff.
Here are some helpful tips...Read More
Jim Vander Mey, CPA, ABI, and licensed commercial broker with OMNI Practice Group, explains to veterinarians the cost of waiting to own a practice and how buying a practice now should pay off.
By Corey Young, DDS, MBA, AVI
I know. Running a business seems daunting. You just want to be a doctor and not have to worry about the rest. I understand. That said, it is wise to consider what is left on the table by being a career employee, or by waiting for that perfect practice to show up.
Let us consider a fictitious practice:
By Corey Young, DDS, MBA, ABI
Are you ready to transition?
Is your practice ready to transition?
What is the market like?
These are all key questions to ask yourself. When is a good time to start thinking about all of this? The real answer is as soon as you buy or start your practice, but the more practical answer is dependent on you. If there any chance you will want to transition in the...Read More