Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! We are often asked to value practices with old old equipment (25 to 35 years) but with a steady patient base of 500 to 1000 patients. The doctor does not see the equipment as old because he has aged with the […]
It Pays to Invest in Your Tangible Assets Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Too often I come across a dentist with two or more locations and there is only one set of financial statements for all the practices. This will give rise to many problems when the dentist wishes to sell only one of
The Importance of Separate Financial Statements Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Selling a dental practice takes time. There are several things to consider, including location, patient base and the age of equipment that are key to the length of time it takes to sell a practice. Here are five levels of demand
Five Time Frame Levels to Sell a Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! When we valuate practices, we are continually surprised by the lack of formal procedures surrounding the backup and retention of computer information. Just about all practices backup their computers every night but the similarity ends there. Too often the backup tapes
12 Suggestions to Safeguard Computer Data Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! The key location factor in purchasing a practice is visibility. Good visibility can save you promotion and advertising dollars by letting potential patients know there is a dental practice in the area. This is why dentists will pay a premium rent
How to Buy a Visible Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! If you are considering purchasing a dental practice you may have noticed that there is a shortage in the supply of good practices. I believe that this is directly related to the value of the nest egg that the typical vendor
Why is there a shortage of good practices today? Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! It’s nice to have newer equipment when you purchase a practice but don’t let older equipment turn you off when considering an otherwise great practice. Equipment that’s 20-years-old won’t have a long life without constant repairs so consider the cost of
The Importance of Equipment in the Purchase of a Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! Although profit and patients are the main driving forces for determining a practice’s value, they aren’t the whole story. It is very difficult to take a good older practice with old equipment and old leaseholds – even one with low, low
The Balanced Practice Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! As the Baby Boomers wish to sell their practices, some say that there will be only a limited demand and as such your practice will lose a lot of its value. I do not believe this is true. By taking certain
Will My Practice Be Saleable in The Future? Read More »
Share on Facebook Share on Twitter Share on linkedin Download the PDF version now! There are many fundamental steps in purchasing a practice, the purchaser should complete all of them. Purchasing an existing practice cuts down the risk of failure when compared to starting from scratch but there are risks. In the next few articles
If you would like more information regarding our services, please reach out anytime. Our PPS Team look forward to connecting