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 »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! How does your practice look? Many practitioners have had their practice with no significant change month-to-month and year-to-year – and it does get old and tired. If your leasehold improvements are 20 years old without any major refurbishing you probably fall
Visual Presentation of Your Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Since patients and profits make up most of the value in a dental practice sale it is important that patient charts present themselves in the best possible light. There are a number of important steps that should be undertaken before a
Presentation of Charts Read More »
Share on Facebook Share on Twitter Share on linkedin The lease of your premises can be a positive or negative factor in the sale of your practice. The banks will want to assure themselves that you will have possession of the premises well into the future if you intend to stay at that location. If
Your Premises Lease Can Be Your Worst Enemy Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! There are several reasons to have your practice valued: For sale purposes For matrimonial purposes For estate and or retirement planning To value the practice when an associate starts To secure a loan from the bank Insurance purposes Most practice sales
How to Select an Appraiser for Your Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Quite often when I speak to groups of dentists I talk about ratios in a dental practice. Today I am writing about Billing Ratios so that you can compare your practice to them. First to set some of the parameters: The
How Are Your Billing Ratios? Read More »
If you would like more information regarding our services, please reach out anytime. Our PPS Team look forward to connecting