[Editor’s Note: This is a follow-up from a series of articles and a podcast starting in 2019–7 Steps for a Successful Medical Practice Startup, Starting a Medical Practice — Podcast #227, and First-Year Review of Our Medical Practice Startup submitted by Dr. William Albright and Juli Albright, the owners of Alamo Plastic Surgery Practice in San Antonio.]

By Dr. William and Juli Albright, Guest Writers

We have been open for almost five years! Some sources state that approximately 45% of businesses fail within the first five years, so we at Alamo Plastic Surgery feel very fortunate to be thriving. Looking back, the first year was, by far, the most difficult due to COVID, personal financial limitations, and the need to set up every little thing (who knew setting up a fax could be so difficult?). After the initial setup, we continue to optimize and improve our processes.

Keep reading this article on The White Coat Investor.