There are many uses of a practice valuation.
Most doctors know that if a practice transition is imminent,
for example a sale, or if a partner or associate is about to
join the practice, then a valuation is necessary. But not
everyone realizes that a valuation is also recommended for
practices undertaking a business plan or identifying the
appropriate amount of insurance or for prudent financial
planning. By the way, valuation updates are generally simple
and the fees are reasonable.
Berning & Affiliates has carefully reviewed established
practice valuation firms and has selected affiliated firms,
specifically for dental practice valuations. These firms
apply the ADA publication Valuing a Practice guidelines and
AAO Guidelines on Valuation utilizing the capitalized
earnings method. This is the method that has stood the test
of time for service based businesses and you can get the
benefit of applying it to your practice. We call the
application the DDS Value Point™ practice valuation service.
We Help You Expedite Your Practice Valuation!
Berning & Affiliates acts as your administrator — we handle
all of the details for you. All you do is fill out the form
we provide and attach the requested documents. Send us
materials with an initial deposit. Your valuation will be
ready in 30-45 business days from when we receive your
materials. For pricing and other information about a
valuation for your practice, click
here to submit your
request for a valuation quote, or call today at 800-999-8121 |