What lenders evaluate, which funding structures fit, and how much working capital to build in may help make the early years of practice ownership more manageable.
News|Articles|October 16, 2009
BizQuiz: Where does the money go? (Answer 1b)
Taking the BizQuiz? This is the answer to question 1 from "Where does the money go?"
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1) B–Incorrect.
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The largest expense for any practice is the payroll. This number should never be greater than 45 percent of practice revenue, or $450,000 for a practice that grosses $1 million a year.
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