Welcome back to practice underwater. And we are here with part two with our interview with

Elizabeth. And, you know, for anyone that didn't listen to part one, you know, I'm going to do the same

spiel I do every time. Go back and listen to part one. And let's just say you listen to it or let's

just say you ignored my instructions. Either way, I'm going to give you a little recap and a reminder. So Elizabeth has a doc who's in our mastermind

program and our coaching program. And she's working with Lori. And one of the things that she wrestled

a lot early in ownership. So she's eight full months into ownership now. She bought a practice

with six operatories and has an ample amount of patients, like 3,000 patients, more than she needs or more than she has capacity for, I'll put it that way. Then, you know, she's kind of been wrestling with this. Do I go with a group practice? Do I go solo? You know, do I cut insurance? I go fee for service. Do I, you know, she's kind of like debating about this whole thing. And so we spent a lot of our time because she has a real estate dilemma where she's in this, she's in this building that is six operatories, but it's on the second floor and there's no elevator and she has an older patient base. And so the stairs and the accessibility is a challenge. She does not like the building. So she's not

happy with her real estate. And I wanted to spend the first half of the episode. And the other piece is

there is this ideal, built-out dental, like all she would need to do is move equipment and some

minor finishing. And she could get up and running with a better

ground floor, more accessible six operatory practice. And so, you know, kind of the first thing that

I wanted to assess in part one was like, okay, is this a group practice or is this a solo office?

And so, you know, we went through the exercise and I asked all the critical questions

and I poked the holes. And we kind of arrived at the conclusion that I think that a group practice

is the best thing. And there was something she said, Elizabeth talked about this in the last episode,

or she talked about how she was like, you know, I just get excited with the group practice idea.

Like I like the idea of having an empowered office manager. I like the idea of building up an associate. And I kind of poked holes, like, well, how about the worst case scenario where you have a higher practice, you're managing a more complex operation, you have the flexibility that she wants because she's a mom and she wants to be there for school. But what if you have maybe less of an income? And I was very relieved to hear

that, you know, it seems like Elizabeth is good with the tradeoff. And I think that is,

that is from my perspective, one of the most important things. And so we kind of established that.

And now we're like, okay, we understand that we're wanting a group practice long term.

An ideal number of operatories is eight. And, you know, we have six at the moment. We can add two in our

current space. We have this building that can have six. And then there's going to be like kind of a longer

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