We’re so happy to have our friend Bob Brooks back on the program! He is here to talk all things on valuing a practice when you’re ready to sell. Bob has learned over the years that if a practice has built a strong foundation, it is more likely to sell for the actual list price. There is always going to be a higher risk involved if the practice is overpriced to begin with. Bob shares with our listeners on different ways to establish value on a practice involving assessing market data and finding the capitalization rate.
Chuck Blakeman is an expert in helping dentists and other professionals around the world become skilled business owners and leaders.