We must evaluate your business and identify its' value. Your information is confidential. We strongly believe that the open marketplace is the best way to get the best price for your business. Let us help you determine the value of your hard earned practice.
The first step in the business valuation process is reviewing your assets, and identifying those that generate recurring revenue streams. The key to assessing the value of most practices is the issue of transferability. Some practices are sold on the basis of a fixed value, while others are sold over a period of time based on a percentage of gross revenue, or what is commonly referred to as an “earn-out” basis.
The biggest challenge in defining the value terms of an earn-out agreement is recognizing the value you have created in your practice, and the buyer’s risk that the clients will transfer and be retained. Any formal business valuation should reflect the anticipated income from the business based on how many clients will likely be retained. A Purchase/Sell agreement should begin with defining the value of the practice. Once the buyer and seller agree on what is being sold and how much it is worth, the agreement will be based on the actual terms of the deal.
Start your the valuation of your business today!
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