Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! I have been trying to understand the different digital X-rays that are available today. Which one is best? I have compiled some notes for consideration. Both the scanned photo phosphorous plate method (Scan X type) and the direct digital sensor systems […]
Discussion on Digital X-Rays Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! As I have stated before, I am not a big fan of partnerships but maybe that’s because I’m prejudiced by my experience with poor partnership agreements. Only recently I’ve had to deal with a couple of partnerships in trouble – mostly
Partnerships and Shotguns Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! I recently attended a Strategic Planning meeting that a dentist organized for himself. He invited his wife, his accountant, his investment/retirement consultant, his insurance specialist and myself as a valuation/sales broker. The accountant brought to the table the dentist’s current financial
Strategic Planning – How to Get Started Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! If you had your practice valuation prepared a couple of years ago you should see a marked increase in today’s Goodwill value. Continuing on from my article in Volume 25 of Professional Advisory, vendors should receive a higher value for their
Calling All Vendors – Practices have Gone Up in Value Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Reality today is that purchasers are incorporating when buying a practice. The tax rates for the first $300,000 (and by the new Federal budget $400,000 in 2007) net income after payments to the all doctors for their remuneration, is only about
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! In the last three months we have completed eight matrimonial practice valuations. One was for a spouse and the other seven were for doctors. This is not the most pleasant time for the doctor but one should try not to be
Matrimonial Practice Valuations Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! The basic philosophy when purchasing a practice is that the practice should pay for itself within six to ten years. You should not have to use your personal dental earnings to finance it. Let’s take a look at how this works
Purchaser’s Guide to Affording a Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! I write this article at a time when three of our clients are currently in different stages of transition of location. Their experience helps me focus on the importance of location improvement throughout your career. 1) NEW PRACTICE SET-UP Rent usually
Location Improvements Throughout Your Career Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! We are often asked to value small and low billing practices. After the doctor’s remuneration is accounted for, it may initially appear as if the practice is not profitable. Since we are looking for excess earning capacity, over and above remuneration
Small Practice Valuations Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Dentists, like most other professionals, often become complacent in the location in which they are working. The community changes but their practice remains the same. The first thing they know is that the practice does not relate to the community and
Changing Location When the Opportunity Comes Along Read More »
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