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An Associate Agreement formalizes the verbal understanding between the Associate and a Principal. As well, it causes both parties to pause and reflect on the possible consequences of any activity which would result in the agreement being breached.
We will show you how to establish effective Associate Agreements and Partnership Agreements that protect both parties and provide immediate and long-term benefits for the Principal and the Associate.
Principal Benefits
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Increased billings and revenue, resulting from the expanded capacity |
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The potential to sell the practice or transition to a partnership |
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Economies of scale possible due to greater billings and better utilization of certain fixed costs |
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Teach clinical skills and practice management skills to the Associate |
Associate Benefits
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Learn from hands-on experience in a professional working environment |
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Learn practice management skills |
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Experience of working under day-to-day pressure |
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Opportunity to buy in with the principal Doctor in the future |
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