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 2c)
Taking the BizQuiz? This is the answer to question 2 from "Where does the money go?"
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2) C–Correct.
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This number shouldn't exceed 18 percent of revenue, or $180,000 if a practice grosses $1 million a year. In a practice that doesn't stock a lot of inventory, this number could be around 15 percent.
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