While there are several “rules of thumb” that we typically use to help our clients gain a general understanding of the fair market value of their practices, a formal dental practice valuation can serve as a valuable tool in planning for a practice transition and negotiating with potential buyers. At Dentappraisal, we feel that it is crucial for practice owners to understand the factors that influence value and to complete a dental practice valuation well in advance of a practice transition. Not only will this knowledge allow practice owners to effectively plan for their financial and professional future, but it can also provide them with the ability to make changes to enhance value and avoid mistakes that negatively impact value leading up to a practice sale. We’ve detailed below the methodologies used in determining the value of a dental practice and how to maximize your practice value. We can help you determine your practice value; below you can order free sample reports or learn more about the products we offer. Or, if you would like a referral to a member of our nationwide network of dental specialist, please contact us below.