3 keys to success when buying a practice
At some point in their career, most medical practitioners consider the option of buying an existing practice. This is a big investment decision, so where do you start?
First, you need to transition your mind-set and start thinking like an owner, not a clinician.
This is a decision that requires hard-nosed financial analysis and investigation. Here are some key factors to consider if buying an established medical practice:
1. The right purchase price
Detailed due diligence is the only pathway to establishing a reasonable buy-in