VSP - Regional Business Development Officer for Bank of America Bank of America Practice Solutions Westerville, Ohio
This course addresses a question every OMS faces at various points in their career: Should they work as an associate or venture into private practice by purchasing or starting a practice? The short answer is, “It depends.” Every individual is different and places different values on work-life balance, flexibility and income potential. This session will help OMSs make an informed decision about which career path is the best fit.
Learning Objectives:
At the conclusion of this presentation, participants should be able to:
Examine employment contracts and know what to negotiate.
Explain the difference in personal income based on working as an associate compared to owning an OMS practice.
Evaluate the options for practice ownership, including purchasing, starting from scratch or entering a partnership.
Develop a career path a “business plan” and a personal financial roadmap based on their career path.
Determine what financing is available to first-time practice owners.