It is better to open a dental practice alone or with a partner/group?!
Question: It is better to open a dental practice alone or with a partner/group?
I'm just a teen right now but want to be an orthodontist in the future. (Not entirely for the money lol.)
I was wondering, I know that if you open one alone you'll make more money for yourself, but if you open with others wouldn't that help you buy a more expensive practice that is better//bigger in a populated and rich place(say midtown manhattan lol) along with equipments? And if that works out and you guys do a good job wouldn't more patients come to you guy's practice with a nice atmosphere and good/skilled dentists?
Just wondering, thanks.
I was wondering, I know that if you open one alone you'll make more money for yourself, but if you open with others wouldn't that help you buy a more expensive practice that is better//bigger in a populated and rich place(say midtown manhattan lol) along with equipments? And if that works out and you guys do a good job wouldn't more patients come to you guy's practice with a nice atmosphere and good/skilled dentists?
Just wondering, thanks.
Answers:
If you open a practise with 2 dentists, they will reefer any patients that need orthodontics to you. The rent will be split between the 3 of you.
Partner/group. Being alone would make you busy all the time if you're good.