Just a personal note...
Apr. 29th, 2004 06:41 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png)
Well, I'm getting a bit excited. I talked to the practice advisor yesterday, and found out that I'm closer than I thought to owning my own practice.
But a bit of backstory (although all three of you who will click on this probably already know it). I work for a doc, who has significant differences in opinion from me in practice style and patient care. I've been there for 4 years - longer than any other doc in the 20+ years he's owned the practice, and longer than I expected. Because of our differences, things came to a head where I needed to decide to either buy the practice or leave, as he was starting to try to micromanage me, and I don't respond well to any loss of autonomy.
Mike (the old doc) has been dragging his feet in getting me the financial info I need to decide if I buy the practice. I've asked him outright several times if he really wanted to sell, and he says he does ("whether that is now, or 20 years from now"). I think he is delaying because he thinks he is going to spend a lot of time gathering info that will reveal a lot of business financial information to me (which he is very private about) for no gain. He has told me repeatedly that I won't be able to get a loan for the practice (because "he has tried in the past, and been unsuccessful"), and that he doesn't want to carry the note.
So the practice advisor called yesterday. He is sending me a list of the info I need, and when I told him about the gross last year (I do have the last 2 yrs income tax returns), he said that the purchase price doesn't seem too out of line. He also said that because I've been out of school 6 years, working there for 4, with a little nest egg in the bank, he knows someone who can definitely finance me if the practice is worth the price. So now the only thing is... is it worth it? And will I have enough to live on after paying the bills?
Kinda scary, jumping into owning a private practice.
And how funny is it that I am considering going on my own the same season that Brian is going solo? And that we both got Corvettes the same year?
Now if only I could be forever young, hot, and beautiful... that would be a dream, wouldn't it?
*looking in the mirror - morning hair, sheetmarks, sleep in eyes, puffy morning face*
Definitely a dream.
Hope I didn't bore you too much!