Hi, I wanted to make sure I shared this with you doctors that are working with associates. The associate relationship is a tough one. Knowing the right time to hire and figuring out the best way to pay them can be tricky. Do they get a flat salary or share of the profits? Maybe both?
I remember working with the first few associates and it ended abruptly because we did not communicate about what would happen if X,Y or Z happened.
You must be prepared and have everything in writing so your agreements are made upfront. It’s not fair to the associate if visits go down and you don’t have the money to pay them. It’s also easy to blame the associate for this.
Oh, what about the associate that becomes Facebook friends with your entire patient population. I have learned that the best way to enter into an agreement is knowing what it is that you are looking for.
If you want to keep the business and just hire help to treat the patients that you have worked so hard for then make an agreement that reflects that.
I have been working with these agreements for the past 20 years and can share my successful experiences with you.
Growth is a very fragile thing if not handled correctly your expansion can turn into frustration and upset.
I have a podcast all about chiropractic where I talk about things like this and much more. I go over important concepts to understand and implement into your practice to make it the most efficient and profitable that it can be.
Click the button below to check out all of my episodes.
– Dr. Rob