In this lecture, we breakdown the seemingly complex world of practice valuations and will walk through the basics of how a general or specialty dental practice can be valued. We will provide an overview of the three commonly accepted methods of valuation in today’s transition world.
Learning Objectives:
• Understand the most common valuation approach and method.
• Gain an understanding of what normalizing your profit and loss means to the final valuation.
• Discuss the popular “EBITDA” and other “rules of thumb” and how they impact a valuation.
• Learn how to define risk and understand what risk may exist in a particular practice and how to mitigate that risk.
• Understand valuation ranges in today's market.