The Worth of Your Dental Practice

A+ A- A Main Content

Many dentists, especially those nearing retirement or hoping to sell their practice in the future, want to know what their practice is worth. In these cases, a practice valuation can give you the estimate you’re looking for!

The Worth of Your Dental Practice

Point to paperIt’s true that valuations can be time-consuming, and as a general rule, your practice’s value can be estimated at 65% of its annual revenue. Unfortunately, this can be a very wide range, which can drop you right back at square one. There are a number of outside factors, including your staff, your patient base, your medical equipment, and your competition in the area. All these factors will be taken into account when the final value is placed on your practice, rendering the 65% rule useless.

Fortunately, we here at CTC National have a system in place to give you accurate numbers when it comes to the potential worth of your practice. To find out more, or for information on increasing the value of your practice, please contact CTC National today!

Posted by
Image Credit:
File ID 3294284 | © Pressmaster | Dreamstime.com

Share:

Archive

Sep 23, 2019, 6:31 PM
Dentists know that no-shows at a dental practice will cost money and damage your dental office in the long run. Of course,…
Sep 9, 2019, 7:44 PM
For dental professionals who are beginning to create a dental practice marketing plan, you’re probably discovering that…
Aug 26, 2019, 6:48 PM
The correct kind of organization of your dental practice needs to involve making sure that you and your dental staff are…
Jul 22, 2019, 4:24 PM
When describing their careers and lives, it’s common for dentists to use the words “stressed” and “overwhelmed.” If this is…
Jul 8, 2019, 8:19 PM
Many dentists, especially those nearing retirement or hoping to sell their practice in the future, want to know what their…
Jun 25, 2019, 7:15 PM
Marketing your dental practice on the internet is an invaluable tool when it comes to bringing in new patients. However,…

Our Blog

Read about trends within the dental industry, tips, secrets to success and more.

#
How to Reduce No-Shows at Your Dental Office
Dentists know that no-shows at a dental practice will cost money and damage your dental office in the long run. Of course,…
#
How to Market to Your Current Dental Patients
For dental professionals who are beginning to create a dental practice marketing plan, you’re probably discovering that…
#
Basic Office Organization Tips For Every Dental Practice
The correct kind of organization of your dental practice needs to involve making sure that you and your dental staff are…
#
How Dentists Can Overcome Stress
When describing their careers and lives, it’s common for dentists to use the words “stressed” and “overwhelmed.” If this is…