Discover the Path to a Fair Valuation
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Are you ready to talk to someone about transitioning your practice? Contact us below!
Are you contemplating the next chapter of your journey and ready to sell your practice? Before taking the plunge, it's crucial to understand the true value of the practice you've dedicated your life to building. An accurate practice appraisal, conducted by industry experts, can provide you with the insights and confidence needed to navigate the transition process successfully.
The Practice Appraisal Process
Data Collection
Gather essential financial and operational data, including practice revenue, expenses, assets, liabilities, patient demographics, and location.
Valuation Methodologies
The four widely accepted methods consider the value of your goodwill, inventory, and equipment. These methods look at all parts of the business to arrive at a fair valuation.
Appraisal Report
A detailed appraisal report outlines the value drivers of your practice and provides a clear valuation. This serves as a valuable negotiation tool
Post-Appraisal Support
Ongoing support and guidance throughout the transition process, helping you navigate challenges and achieve a successful outcome
Data Collection
Gather essential financial and operational data, including practice revenue, expenses, assets, liabilities, patient demographics, and location.
Valuation Methodologies
The four widely accepted methods consider the value of your goodwill, inventory, and equipment. These methods look at all parts of the business to arrive at a fair valuation.
Appraisal Report
A detailed appraisal report outlines the value drivers of your practice and provides a clear valuation. This serves as a valuable negotiation tool
Post-Appraisal Support
Ongoing support and guidance throughout the transition process, helping you navigate challenges and achieve a successful outcome
Tammi Sufficool
Executive Vice President of Practice Transition
With over twenty-six years of experience, Tammi brings a unique and diverse understanding to the eye care industry. Her strong work ethic and talent for financial and business data analysis, strategic direction, and operational execution helps practices understand the steps necessary for a successful transition, whether it be a fractional buy-in or a full buy/sell transaction.
Tammi Sufficool
Executive Vice President of Practice Transition
With over twenty-six years of experience, Tammi brings a unique and diverse understanding to the eye care industry. Her strong work ethic and talent for financial and business data analysis, strategic direction, and operational execution helps practices understand the steps necessary for a successful transition, whether it be a fractional buy-in or a full buy/sell transaction.