Broker
Resource Library: Valuation
Understand how dental practices are valued and how to increase yours.
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Keys to Maximizing Practice Value
It’s Never Too Early to Start Planning Your Transition As practice brokers, we are frequently contacted by dentists who have an immediate need to sell their practices due to retirement, disability, etc. After meeting with the doctor and reviewing the practice financials, we often find that practice revenue and profitability have declined over the past… -
Increasing Your Bottom Line and Practice Value
The two most important factors in determining practice value are Current Annual Revenue and Net Cash Flow. Therefore, increasing productivity and improving the bottom line of your practice will not only increase your personal income but also enhance the value and marketability of your practice when the time comes to sell. Here are a few… -
Update: Dental Practice Sales in a Post-COVID Environment
Like most dentists, we were holding our breath in April of 2020 anxiously waiting to see what the dental industry and practice transition marketplace would look like when we emerged from the COVID shutdown. How long would the shutdown last? Would patients feel comfortable returning to dental offices when they re-opened? Would there continue to… -
FAQs on COVID’s Effect on Practice Values and Sales
Dentists are now fully back to work with some restrictions due to COVID-19. The COVID shutdown, the new requirements, and other changes have caused dentists to have a lot of questions on their minds. The questions range from Human Resources related questions to questions on selling their dental practice. While we are not HR experts,… -
Practice Appraisals
PRACTICE APPRAISALS require the collection of volumes of information in order to properly analyze and assess the value of a dental practice. It is not only important in order for the appraiser to form an opinion, but also for the potential buyer to properly evaluate if the practice is a good fit. In performing an… -
How is the closure of dental practices due to COVID-19 affecting practice values?
Should I sell my practice now or wait? These are big questions. These are important questions. These are questions we are being asked a lot lately, as you can imagine. While there is no definitive answer, we have insights that will be useful to you if you are contemplating a sale of your practice currently,… -
How Much is My Dental Practice Worth?
2023 Practice Valuation Update There is one common question that sellers want to know: “What is my dental practice worth?”. More than likely, the sale of your practice probably makes up a large part of your net worth. Due to this, planning your exit strategy and knowing what your business is worth becomes an important… -
How to Sell Your Practice with No Brokerage Fees
Practice owners are well-known entrepreneurs. You are used to doing things yourself and doing them “your way.” When the time comes to sell your practice, you may naturally think that it can’t be that difficult to locate a buyer. But why do I need to pay a broker to sell my practice? What if I… -
What is My Practice Really Worth?
What is my practice worth? Well, it depends on who you ask. Value is largely a concept of perception. According to the IRS, fair market value is defined as “the price at which a [practice] would change hands between a willing buyer and a willing seller when the former is not under any compulsion to… -
Understanding Practice Values
It’s difficult to understand practice values in a specific market when comparing national averages. Collections, net income, and EBITDA are important but not the only valuable considerations when understanding the fair market value of a practice. Here is a list of factors taken into consideration when analyzing a practice in comparison with other opportunities in…