Dental Office Cost & How to Break Them Down
Problem Estimating a potential dental office cost is overwhelming. Solution Whether you’re interested in buying a practice or starting up, Practice Real Estate Group offers a free Expense and Timeline Generator that helps you get a scope of your expenses with just 4 quick questions. It’s essentially a medical office space calculator. You’ll receive …
Client Spotlight: Dr. Jennifer Conde
Editor’s note: Dr. Jennifer Conde found Practice Real Estate Group through an online search for dermatology real estate in 2018. She sensed an urgency to practice dermatology her way and did extensive due diligence to decide if practice ownership was the right career path for her. She was gracious enough to take a phone call …
Shopping for Medical Malpractice Insurance? Here’s Where to Start.
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 …
Shopping for Medical Malpractice Insurance? Here’s Where to Start. Read More »
Should I Buy a Practice or Start Up? Use These Powerful Questions to Decide Which Entrepreneurial Pathway is Right For You.
Should you buy a practice or start up?
Two Veterinarians Join Forces to Start a Practice and Win a Space Despite Multiple Offers and a Time Crunch
Dr. Zamarippa and Dr. Almany were in a time crunch. The veterinary clinic that they were practicing at had just been bought by a larger company and the doctors had a deadline by which they needed to re-sign, start applying for other jobs, or start their own practice. The two wanted to step out on …
Start Up Dentist Finds Incredible Location with Dental Leasing Experts at Practice Real Estate Group
Dr. Yei wanted to explore opening up his own dental clinic. He had previously worked with two real estate agents who specialized in dental leasing, but, unfortunately, he had two poor experiences. The agents lacked general professionalism – neither had followed up when they said they would or picked up when he called. So when …
3 Lessons My Clients are Learning Right Now
As a medical entrepreneur, investing in real estate for your office is likely to be the most crucial decision you’ll make during your career. After years of balancing school and life decisions, making another enormous investment in yourself is a huge accomplishment that also comes with a lot of stress.
Choosing a location: Demographics and Competition
How are demographic studies used to help choose good practice locations? We use demographic studies in a couple of ways to help clients find good locations. The first, is breaking down large areas into sub areas. We then compare those chunks on important demographic variables for the client. We often use variables like the total …
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Starting a Practice vs Buying a Practice
Should I Buy a Practice or Start a New One? You have probably had colleagues both start practices from scratch, and purchase existing practices. With that you have undoubtedly heard that one or the other is “best” and that you’d be making a mistake if you went against their opinion. So what really is the …
Maximizing Your Negotiating Leverage
In general your leverage in a negotiation is grounded in your next best option. There are, however, several key factors that determine your leverage in any given negotiation. We find that these factors fall into three groups of variables: the market, your business, and your search. Before we get into those, though, it can be …