Business

Dentist learning about tax advantages of dental practice ownership.

The Tax Advantages of Dental Practice Ownership

Business, News, Practice Finance / By

Dental Practice Ownership isn’t for the faint of heart.  As one client said, “If it was easy, everyone would do it.”  In many ways, practice owners double their personal finances and responsibilities, with different rules at every turn.  In addition to a home mortgage, they now also pay a commercial real estate lease.  On top of managing personal finances, they now also manage a profit and loss sheet.  And instead of accounting for and filing one set of taxes, they file two.  

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Medical office Dripping Springs TX featuring modern Sawyer Ranch Medical Towers building with stone facade and professional landscaping

Healthcare Real Estate Outlook: What Practice Owners Should Know for 2024

Business, Market Analysis, Moving Your Business, News, Purchasing a Practice, Renewing a Lease, Starting a Practice, Uncategorized / By

The Texas medical real estate market presents genuine challenges due to high interest rates and low vacancy. Premium locations with critical practice success factors remain difficult to secure. However, this market environment creates strategic opportunities for prepared practice owners: build cash reserves now, maintain flexibility, and establish a relationship with a healthcare-specific real estate agent who can actively scout opportunities before decision points arrive.

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Dr. Liza Brown

From Residency to Thriving Practice Owner: Dr. Brown’s Journey with PRG

Business, News, Real Estate, Starting a Practice, Starting Up / By

“You’re immediately confronted with a choice: join a large group offering an impressive salary but sacrificing autonomy, or take the leap into practice ownership. Large groups will show you huge numbers, but they dictate patient volume, work hours, and practice style. Some of my colleagues who chose that path now see 70 patients daily… Starting your own practice requires significant work, but it’s absolutely worth it.

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If you operate a group or are part of a DSO, it's common to shop for a new malpractice carrier periodically as the practice evolves. We thought we would put together some tips to consider as you evaluate a move to a new carrier.

Shopping for Medical Malpractice Insurance? Here’s Where to Start

Business, Buying a Practice, News, Purchasing a Practice, Starting a Practice, Starting Up / By

Editor’s note:  Most healthcare providers need medical malpractice insurance, which means that whether you run a start-up, multi-location practice, or DSO, you’ve had to wade through a litany of offerings.  We’ve referred our clients to several insurance providers over the years, prioritizing the brokerages that share our values – they’re responsive, deep experts in their

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Should you buy a practice or start up?  

Should I Buy a Practice or Start Up? 4 Critical Decision Filters for New Practice Owners

Business, Buying a Practice, News, Real Estate, Starting a Practice, Starting Up / By

Deciding between buying an existing practice or starting your own is a critical career choice. Consider these four decision filters: your timeline for ownership, where you want to be 18 months from now, your financial readiness, and how much location control matters to you.

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When Dr. Zamarippa and Dr. Almany reached out to Todd Stanley at Practice Real Estate Group, they were on a time crunch. 

From Associates to Owners: How Two Veterinarians Secured Their Dream Practice Location Despite Multiple Competing Offers

Real Estate, Business, Market Analysis, News, Starting a Practice, Starting Up / By

With strategic patience and healthcare-specific expertise, Todd helped the doctors secure their ideal location, proving that with the right guidance, aspiring practice owners can successfully navigate even the most challenging real estate markets.

From Associates to Owners: How Two Veterinarians Secured Their Dream Practice Location Despite Multiple Competing Offers Read More »