Choosing the right location for your medical practice is important, but so is the choice of whether to buy or rent an office space. Depending on your specific needs and business objectives, there are advantages and potential disadvantages to both options. For example, buying a building or office space can help you build your wealth,
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How to Arrange for Medical Office Space
Whether you are looking to establish a new medical practice or planning to move an existing practice to another location, there are a lot of items on your “to-do” checklist that need your due diligence before you sign a new lease. First and foremost, the space you are considering must be as convenient for your
Read MoreDetails and Guide on How to Use Contiguous Spaces
In previous blogs, we’ve discussed the advantages of using contiguous office space for your medical practice. Now, let’s focus on some of the finer details of how you can best use contiguous space for your medical practice. Contiguous space is defined as leasing multiple suites on the same floor of a building. It also refers
Read MoreWhat Should You Do After You’ve Found A Medical Building Up For Lease?
You’ve found a medical building up for lease, and you’re probably wondering about the necessary preparations to transfer into it. The process surely will not be a walk in the park, but thorough planning will be effective in ensuring a smooth, hassle-free move. You will be spending a great deal of time in the office,
Read MoreBenefits of Choosing a Turn-Key Medical Office Location
Choosing a location for your medical practice is about more than just an address – it’s also about logistics. To be more specific, it’s ideally about choosing a turn-key medical facility – one where both you and your patients can benefit from special amenities and close proximity to other medical specialists and services. Just such
Read MoreAdvice on Leasing New Medical Spaces
Leasing new office space for your medical practice can be a rewarding experience in terms of setting up operations in a prime location that is easily accessible to new and existing patients. However, it can also be a challenging effort if you are unaware of the finer details that leasing medical space entails. Here is
Read MoreWhat Healthcare Providers Need to Know About Leasing A Medical Office
As a dedicated healthcare provider, your first priority is attending to the medical needs of your patients. Part of that commitment is providing your patients with a practice that is easily accessible and equipped with all the facilities necessary to deliver quality care. However, you may not be totally acquainted with all the details and
Read MoreWays to Reduce Medical Office Build-Out Costs
According to industry experts, the average cost to build out a medical office in most metropolitan markets may range from $50 to more than $250 per square foot. Do the math and, depending on what you need to get done, it can easily become a costly effort. There is no question that building out your
Read MoreBenefits of Leasing vs. Buying Medical Office Space
Establishing a new practice – or relocating an existing one – raises all sorts of important financial and logistical questions, not the least of which is the fundamental decision whether to lease or buy your medical office space. On one hand, buying your office space can help you build wealth. However, it can be a
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