What Happens if you Want out of the Contract?
Last week we blogged about the ADA contract analysis service that offers member-dentists assistance in developing a clear understanding of the obligations and expectations for all parties.
On occasion, you may wish to terminate a contract that you feel is not working for you. In many cases, it would be best to fulfill your obligations under the contract and then elect not to renew it at the end of the contract term. But in some cases, you may decide that you would like to get out of the contract before the end date.
The ADA Center for Professional Success has a feature Strategies for an Unwanted Contract in Your Dental Practice. And while the piece is not a substitute for legal advice (you should always discuss your legal options with your own attorney) you’ll find useful information to help you frame your decision.
The ADA Center for Professional Success is a member-only resource, exclusively for ADA members. And while you are there, check out the other resources including Be a Great Boss, Checklist for Terminating an Employee and Using Flexible Benefit Plans in your Practice.