O julie, let's go first. How we to give ourselves time to decide on these benefits,. Because there's so much going on when you first start a practice. We told all our employees it would be at least a year before we offered any sort of health insurance or retirement plan. Last year we did offer the simple arai through vanguard, mainly because i was free. It was recommended bi used hem as one of the options for a small business retirement plans. Theyre folly. One of the simplest options, yes.
When you own your practice, you're able to give better care, have more control and less burnout over your professional life. In general, you make more money too. So, it is mostly all positive, although it does take some work upfront. Will and Juli Albright have been sharing their knowledge of practice startups on the blog for a couple of years, since they started their practice, Alamo Plastic Surgery. Will is the surgeon and Juli is the chief financial officer. They both join us in this episode to talk about their motivation to open a practice, the steps it took, the biggest obstacles and challenges, navigating salaries and benefits for employees, guarding against embezzlement, and marketing the practice. https://www.whitecoatinvestor.com/medical-practice-startup/
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