Drs. Jones and Smith have asked your advice on creating a budget for their second fiscal year in their general surgery practice. They have enjoyed a positive reception in the community and are beginning to get known as good surgeons with good patient outcomes. As such, they are planning on expanding their small practice. They have not yet amassed the necessary capital to self-finance the expansion. What are the three major questions you would want them to answer to help you start their budget process and why are these questions the most important to ask?

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Question 1 The number of surgery that they are estimating they will get and what would be the averag... View the full answer