One medical practice client wanted to buy a building to house the operation. Unfortunately, the company’s financial condition was substandard due to the inattention of the partners. SWBC advised that it would take 1 to 1½ years to get them in shape if they followed our advice. The doctors committed to the plan and followed it to the letter. This included bringing their financial reporting up to speed, establishing a savings account, retaining earnings, cutting costs and improving cash flow. Today, they are in a great new building and doing well enough to bring 2 new doctors into the practice.

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