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"Whether you are a new practitioner opening your first office or a veteran DPM setting up shop in a new location, having an effective business plan is a necessity.
The business plan is a promotional selling document. Indeed, it is a major tool for selling your business to a banker. It is to the banker what the history and physical are for physicians. Since a major audience for your business plan consists of higher-ups at the bank, the black and white of your plan is far more important than a winning personality," writes Michael Metzger, DPM, MBA. Access his full article "How to Create an Effective Business Plan."