Hello everyone,
I am in my second year at a small Ophthalmology practice, 1 other MD (sole owner) and an optometrist (employee). We previous set forth the buy in process before I joined. The practice evaluation is basically accounts receivable (can be purchased post tax) and fixed assets (pre tax), and will not include good will. I was wondering if anyone has any experience or resources on evaluating "how much a practice is worth"? Right now the amount of collections I generate do not make buying in particularly attractive at this time, but hopefully in 1 year (as my practice grows) it would make more sense. I wanted to do some research ahead of time to understand how a small office should be evaluated for buy in purposes. Thanks for any help
I am in my second year at a small Ophthalmology practice, 1 other MD (sole owner) and an optometrist (employee). We previous set forth the buy in process before I joined. The practice evaluation is basically accounts receivable (can be purchased post tax) and fixed assets (pre tax), and will not include good will. I was wondering if anyone has any experience or resources on evaluating "how much a practice is worth"? Right now the amount of collections I generate do not make buying in particularly attractive at this time, but hopefully in 1 year (as my practice grows) it would make more sense. I wanted to do some research ahead of time to understand how a small office should be evaluated for buy in purposes. Thanks for any help
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