Buying Into a Practice, Building Wealth, and Planning Ahead
Answering listener questions about what to know before buying into a practice, how to think about what “net worth” really means, and the important basics on special needs trusts.
Ownership matters, whether it’s owning profitable companies, owning your own home, or owning your job. Most of the time, medicine is better—for the docs and for the patients—when docs own their jobs.
Answering listener questions about what to know before buying into a practice, how to think about what “net worth” really means, and the important basics on special needs trusts.
A profit-sharing 401(k) plan supports employees on their path to retirement while also providing an incentive to help your practice succeed.
Someday—hopefully years from now—I will pack up my office and go home for the last time. Here's what I will think about taking with me.
Dentists and doctors oftentimes think differently about employment and stacking income. Here's what physicians can take away from dentists.
Let's examine issues that group practice retirement plans may encounter and how to address them in a way that's compliant and cost-effective.
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Last Christmas Eve, I had to take a shift in the ER. Here's what happened and everything I learned from my experience.
Most of us complain about the effects of private equity on our workplaces and patient care. Let's start doing something about it.
If you're thinking about retiring from your private practice, here are a few things to think about before you get ready to sell.
There are actually a few good reasons to hire your spouse in your business. But you probably won't come out ahead financially by doing so.
Answering questions about the TSP fund now allowing Roth conversions and contributions, how indemnification clauses can be problematic for docs, and the best way to pay off a hefty practice loan.
We were stressed out and burned out. How could we deal with owning two dental practices? When private equity came calling, we had to listen.
Given that medicine is based on data-driven care distilled from large amounts of data, you might be asking, "Can a machine replace me?"
Recognizing some overarching considerations when selling your medical practice will help achieve a smooth transition during this process.
The private practices that'll thrive in the future are ones that think differently and innovate. The idea of lean private practice is key.
It's been five years since we opened our plastic surgery practice. Here are all the lessons we've learned in the past half-decade.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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