Broker
Resource Library: Valuation
Understand how dental practices are valued and how to increase yours.
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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… -
Four Ways Dental Professionals Can Give Back to Their Communities
Giving back to your community is an extremely gratifying concept and something that can assist you in building your reputation as an ethical dental professional. While some professionals prefer to give monetary donations, others would rather give of their time. We have compiled a few ideas to help you with your community giving initiatives. Giving… -
Seven Parts of a Dental Practice Appraisal
We recently stated that a dental practice valuation is the first step to prepare a practice for sale. Once completed, the next step is to implement a dental practice appraisal. The appraisal complements the valuation with an accurate value of a dental practice. Maximizing value and substantially increasing the probability of the seller receiving their… -
Dental Practice Appraisal: What You Need to Know, Part 2
In our last installment, Dental Practice Appraisal: What You Need to Know, Part 1, we took a closer look at the market value method of measuring value in a dental practice. Within that method, we investigated how the average annual revenue of the practice played a key part in determining market value (and greatly informed… -
Fees and Practice Value in a Dental Practice Transition
By Brannon Moncrief and David McLerran of McLerran & Associates Many dentists claim they don’t have time to apply sufficient attention to business matters such as overhead expenses, supplies, and a marketing plan even before a dental practice transition occurs. Others just admit that they have a hard time getting motivated to give business matters the… -
Dental Practice Valuation – The Importance of Controlling Overhead
By Brannon Moncrief and David McLerran of McLerran & Associates Earlier this year, we met with Dr. V, who is a couple of years away from retirement and wanted to discuss the value of his practice in addition to potential dental transition strategies. He had heard from various “experts” that dental practices are worth approximately 70%… -
Making Sense Of Dental Practice Valuations, Part Two
By Randon Jensen, Larry M. Chatterly and Susannah Hazelrigg, CTC Associates In our last article: Making Sense Of Dental Practice Valuations, Part One, we discussed the income-based approach to dental practice valuations. The market-based approach is similar to a real estate appraisal. It relies on the comparison of the dental practice for sale to similar practices… -
Making Sense Of Dental Practice Valuations, Part One
By Randon Jensen, Larry M. Chatterly and Susannah Hazelrigg, CTC Associates Over the years, many formulas for determining the value of a dental practice put forth. Some valuation reports are so elementary they leave the reader wondering if the value was chosen by rolling dice and adding zeros; others are so complicated a Masters Degree in… -
Dental Practice Valuation: A Buyer’s Guide
By Larry M. Chatterly, CTC Associates A dental practice is worth exactly what someone will pay for it in the marketplace. This may sound like a cliché, but it is a fact. A Buyer’s Guide to Dental Practice Valuation by Your Dental Practice Brokers Currently, buyers of general dental practices are paying prices that range from…