Buying in

[JAJE]

There has been plenty of chatter on this forum regarding associate salary/contracts. I do like seeing everyone's perspective on it but I don't see much consideration to the buy-in portion of the associate position, which is usually the endgame. Let's talk about it.

I want to know from other providers:

1. What was/ will be your buy-in?

- How many years as an associate before the option?​

2. How was it calculated?

- I'm most curious about this​

3. Is your buy-in financed by the practice?

- If so, with interest included?​

4. What benefits did partnering bring to you, specifically?

- Increased take-home %, from what to what?
- Additional ancillary revenue? DME? Nail tech income? etc.​

5. Was real estate included in the buy-in?

- If not, how much does in cost to partner into that?​

6. What is your practice overheard/personal net collections?

- the size of the pie and the size of the slice really matter​

7. Do you think your buy-in is/was fair?
8. In hindsight would you have considered any addendums to the contract?
9. What should an associate be looking for?
10. how did the Partners factor in the growth you brought to the practice?

Feel free to answer any/all of these. I know there are plenty of you lurking here that would have some great experience to share.

I've seen incredible variability on this. Even if you don't want to share your specifics I want to know your thoughts on this topic and from what I've seen, most people have pretty strong opinions one way or the other.

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