Whether you are buying or selling a private business, establishing its market value is critical to a successful transaction. Depending on which side of the transaction you are, you may need business valuation for these reasons: Determine a reasonable selling price Support your asking price Screen businesses for sale to select promising acquisition targets As… Continue Reading
If you are considering a dental practice appraisal, here are some interesting industry statistics: There are over 133,000 privately owned dental practices in the US alone, classified under the SIC 8021 and NAICS 6212. Dental practices are a large part of health services and generate around $104B in annual revenues growing annually at 11.6%. Yet an average dental practice is… Continue Reading
In the real world comparisons rule. We compare products, services, features and prices all the time. Price per square foot is the yard stick used by the real estate industry to compare properties. In a world of substitutes it seems there is always the next best thing out there. But how about this: can you… Continue Reading