Practice Evaluation and Practice Sale Price
What is your practice really worth, and who is most qualified to evaluate it?
In today’s episode, we talk with Larry Chatterley all about practice evaluation and practice sale price. Mr. Chatterley has specialized in transitioning dental practices and serving the business and transition needs of dentists throughout the western U.S. for over 26 years since he founded CTC Associates in 1988. He has facilitated the successful transition of over 2,000 practices, and has authored several publications on practice transitions.
In this episode, we discuss questions like:
- How can I get the most money for my practice, and at the same time be fair to the purchaser?
- Should I attempt to get all cash, or should I finance a portion of the sale?
- How will the purchaser finance the acquisition?
- What if I am asked to subordinate my seller note to the bank?
If you’re a practice owner in Colorado, Idaho, New Mexico, Utah, or Wyoming, contact CTC Associates at ctc-associates.com for practice transition tools and guidance.
Learn about dental practice transition specialists in your area by messaging office@longinthetooth.info
Long in the Tooth provides non-clinical gems of wisdom for older dental practice owners. Learn more about this podcast at longinthetooth.info