Title: Dr. Sharma's $30,000 Dilemma: Build Custom Software or Buy an Off-the-Shelf Solution? Tagline: Optimizing resources for practice growth and profitability. Problem: Dr. Sharma's practice is rapidly growing, and her current patient management system is becoming increasingly inadequate. She needs a more efficient solution to streamline administrative tasks, improve patient communication, and enhance data analysis. However, with $280,000 in student loans and significant overhead costs for her practice, allocating capital for a new software system requires careful consideration and justification. Solution: Using the Build vs Buy Calculator, we meticulously compared the projected costs of developing a custom solution (estimated at $50,000 upfront plus $5,000 annual maintenance) against purchasing an off-the-shelf alternative (costing $15,000 upfront and $2,000 annually). The calculator revealed that while the off-the-shelf option had lower initial costs, the long-term cost of customization and integration made the build option cheaper after approximately 5 years. By coupling the "Build vs Buy Calculator" with the "Agent Labor Arbitrage Calculator," Dr. Sharma also determined that hiring a dedicated IT specialist would only be marginally more expensive than constantly outsourcing help for the prebuilt solution, further solidifying her decision. ROI: $12,000 in savings over 7 years from selecting the 'build' option. Description: Dr. Anya Sharma, a successful physician with a burgeoning medical practice, faces a critical decision: invest in building custom software tailored to her clinic's unique needs or opt for a readily available, off-the-shelf solution. This case study explores how Golden Door Asset's "Build vs Buy Calculator" illuminated the optimal path, considering factors like long-term cost, customization, and potential revenue impact. Category: Client Service Calculators: Build vs Buy Calculator, Agent Labor Arbitrage Calculator, Tax Equivalent Yield Calculator
