Thinking About Shutting Down Your Private Practice? Ask Yourself These 3 Questions First!
- Author
- Dr. Una
- Published
- Mon 04 Mar 2024
- Episode Link
- None
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Are you thinking about shutting down your private practice?
In 2021, 11,000 private practices went out of business or were sold to private equity. Now, if you know me, you know I’m a positive person. I'm not saying this to discourage you from running your own private practice. I'm saying it to underline how seriously we must take our businesses to thrive!
Can we thrive? Absolutely. Are we going to thrive by default? Absolutely not. So today, we will talk about the 3 questions you should ask yourself before you decide to shut down your private practice. These questions will help you evaluate where you are right now and how you can improve your practice to stay in business.
So before you end it for good, check out this episode of EntreMD and figure out where you’re really at!
Let’s dive right in.
Key Takeaways:
- 00:00:00 Intro
- 00:03:59 The first question
- 00:08:44 The second question
- 00:11:46 The third question
- 00:16:31 It’s time to turn your practice around
- 00:18:09 Outro
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