Volume 13 - Issue 10 - October 2005

G iven the opportunity to open your own practice, start a practice with a partner, or join a practice, which is the best for you? Any way you look at the equation, there’s a risk and reward ratio, similar to financial investing. The greatest risk (starting a private practice) provides the greatest reward (ownership, income, freedom), while the lowest risk (employment) provides a decreased reward (income). The middle ground: 1 to 2 years of employment in a vibrant established practice with an opportunity to buy into the practice or to take over a practice for a dermatologist who is transi