Dental Elite are gearing up for a busy Dental Conference later this
week. We will be on stand D6 at G-Mex. The conference is the launchpad
for our RIP Percentage of Turnover Valuations Awareness Campaign.
We have become all too aware most recently that some vendors are
under-selling their dental practices, mis-advised by brokers who have
failed to acquire the skills required for modern dental practice
valuations. Equally Buyers have been purchasing practices ill-advised of
the true profitability of the practice in the longer term. The fact is
dental practice valuations have moved on and are now based on multiples
of adjusted profitability. It is simply not true that a practice with
the same turnover but with differing UDA values are worth the same! The
fact is, if you have a higher UDA value you are nearly always worth
considerably more than 100% of Gross Fees.
For more information, please read our Practice Healthcheck page or come and see us over the weekend.
Please remember we also apply these principles to Valuations for
Incorporation and Strategic Buyer Valuations where we do not represent
the vendor.
No comments found.