What are the disadvantages of having a solo practice?

Answer 1

Having a solo practice can lead to isolation and a lack of professional support, making it challenging to navigate complex cases or burnout. Additionally, the financial burden falls entirely on the practitioner, which can be risky during slow periods. Solo practitioners also bear all administrative responsibilities, leaving less time for patient care and potentially impacting work-life balance. Lastly, marketing and client acquisition often require significant effort and resources without the collaborative advantages of a larger practice.