Dear Practice Management Insider,
In a two-part series, dental attorney Joseph D. Jordan covered five legal considerations for stepping into practice ownership. His thoughtful series focused on practicing due diligence, business entity formation, contract negotiations, closing on the practice, and running with ownership. You can read part one here and part two here.
Also featured in the Practice Management Community, Dr. Roger P. Levin is often asked the question of whether a practice is ready to add an associate. Surprisingly, the answer may be no. In his latest practice transitions column, Dr. Levin explains why other solutions may be more appropriate in some situations.
When you are flying Southwest Airlines, the flight attendants always say, "We know you have a choice" of which airline to fly, and they appreciate that you chose Southwest. As the Madow Brothers write, your patients have a choice also. What can you learn from this airline to stand out from the competition?
You want to reward your time for your practice's growth and success, but what is the best way to do so? Some doctors choose a bonus plan for their staff, but practice management consultant Sally McKenzie offers six reasons why you should consider a different plan.
Why do some people have a great time at the happiest place on Earth and some people complain about crowds? Maybe, writes Curtis Marshall of Dental Intel, because those who complained didn't use data to maximize their fun and minimize their time in line.
For thoughtful practice management insight such as these columns, visit DrBicuspid.com every day.
