Leasing Medical Equipment Vs Buying
Should your medical practice buy or lease the medical equipment you need to serve your patients and stay ahead of the competition? Both leasing and buying offer benefits and drawbacks to a new or growing practice. Buying your own medical equipment is the more affordable choice over the long-term in the same way that buying […]
What Is A Commercial Condo?
A commercial condo allows medical professionals to buy a fixed amount of office space in an industrial or sometimes residential condominium building. Commercial condos offer the benefits of ownership for smaller practices that aren’t yet ready to obtain an entire commercial building or to rent larger office space. While the commercial condo owner is somewhat […]
How To Structure Practice Banking
The way you structure your medical practice’s banking will depend on the size of your practice, number of employees, and need for credit and cash flow assistance. Steer clear of regular small business banking and opt instead for a bank that has a dedicated medical practice banking program. Choose a business checking account that offers […]