Dental Practice Real Estate Fundamentals
Originally posted in Design Ergonomics
For most healthcare practices, real estate is the second-highest expense behind payroll. The difference between a properly or poorly negotiated transaction can benefit or cost a practice tens to hundreds of thousands of dollars over a ten year period. Additionally, you typically get only one opportunity every 5 to 10 years to take advantage of a new negotiation. With this much at stake, every transaction is paramount to maximizing profitability.