When the moment comes for you to begin planning the exit strategy for your dental practice, the first question one always wonders is: What is my practice worth? The answer often depends on whether you’re a potential seller or a prospective buyer of the practice. For this reason, it is imperative to have an accurate and comprehensive valuation completed on the practice you intended to sell or purchase. We are experts in the dental practice industry and have in depth knowledge of the marketplace and practice valuations. This allows us to provide an accurate and real time value on your practice today, which will help you make the decision that is best for you, your family, and your practice.
At Venture Dental Group, we are designated and qualified business appraisers. Practice Valuations are needed for planning and creating an exit strategy, tax planning, retirement, as well as estate planning. It is critical that you have an adviser who is skilled in this unique market and is active in the field. One of the methods that Venture Dental Group uses when valuing a dental practice is Capitalized Excess Earnings method, which determines the business value by summing the net tangible value of the business assets with the capitalized value of the “excess” earnings. This industry-approved methodology results in fair values for both sellers and buyers.
Things to consider when requesting and reviewing Practice Valuations:
Practice Valuations:
• Certified Business Appraiser
• Improve Practice Cash Flow
• Current Market Approach
• Adjusted Cash Flow
• CAP Rate vs. Market Value
Seller/Owner
• Identify a Realistic sale price
• Plan your exit strategy
• Retirement, tax & estate planning
Buyer
• Debt Service Schedule
• Growth Forecasting
• Objective View of Practice
Feel free to post your comments and questions below. To learn more about Practice Valuations, contact us today!
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