Why Hiring Your Spouse Is (Probably) a Bad Idea (Even If Hiring Your Kids Is Not)
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.
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.
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.
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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.
An interview with Marita McCahill who shares her expertise around the importance of learning how to market yourself online as a doc and how to market your practice. Also answering reader questions, including one about rolling a 403(b) into a Roth IRA.
Most healthcare providers don't learn basic marketing principles during training. This lack of knowledge can cause a financial setback.
The two happiest days of practice ownership are when you buy it and when you sell it. And if you properly plan, you can minimize the tax bite.
Business ownership is considered an avenue for wealth creation for physicians. Here's how to evaluate the buy-in of a medical practice.
An interview with Dr. Ian Storch about all things DO medicine, including discussions on the history of osteopathy, how it affects osteopathic education and practice today, and the difference (if any) between MDs an DOs in job opportunities.
There has been a precipitous rise of private equity into the dental landscape. Today, let's talk about the DSO and how it affects medicine.
Thanks to the Corporate Transparency Act, you'll have to file ownership information with FinCEN if you own a business. Here's how to do it.
These are the advantages and the disadvantages to both a stock sale and an asset sale in case you're trying to sell your business.
Medical school may not have taught you about money, but we will.
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