Second Year Residents

As young podiatrists move through their residency training, somewhere around year 2 they usually start to contemplate what type of environment they see themselves practicing in.  Will they join an already established podiatry group or maybe a multi-specialty group? Do they want to simply be employed and have someone else in charge of the business aspect of the practice?  We are trained as physicians nonetheless; most of us don’t have a strong business background.  But according to Podiatry Management’s 2016 Annual Survey there are still 49% of podiatrists who are solo practitioners. For those young podiatrists whose goal is to be both physician and owner of a small business, there is not much formal guidance on the topic of starting a podiatry office.