Premier Practice Consultant’s 3 Valuation Methodologies
The 3 valuation methodologies include…
What are the valuation methods used for your chiropractic practice valuation?
Having an updated practice valuation with Premier Practice Consultants is one of the simplest ways to get a clear picture of your business’s value.
The 3 valuation methodologies include:
1. The income approach predominantly focuses on the projected income that the practice is expected to generate.
It encompasses present and future cash flows, discounting them to a present value.
2. The market approach aligns the practice’s value with comparable sales in the market. By examining recent sales of similar practices, one can deduce a potential market price.
3. The asset-based approach concentrates on the practice’s total assets. After deducing liabilities, one arrives at a net value that represents the practice’s worth.
A yearly valuation with Premier Practice Consultants is key to keeping everyone up-to-date on current financials.
There is a reason chiropractors have trusted Premier Practice Consultants with buying and selling their practices for decades.
No one works harder than we do!
