What’s the Value of Your Orthodontic Practice? | 5-Minute Friday
Do you know how much your practice is worth right now?
No matter where you are in your practice life, it is important to get a valuation. You might be thinking you are worth $5 million, yet you might be worth 10, or you might be thinking you are worth $15M, but you are worth just $5M.
You’ll never know until you talk to an OSO or a DSO and get a proper valuation.
The best thing is that it doesn’t cost you anything, and you don’t have to enter into any agreements.
Another big benefit of talking to an OSO is that they’ll tell you the steps you need to take to get a higher valuation further down the road.
- This will cost you millions of dollars (00:44)
- Go to a DSO/OSO to get a valuation (01:42)
- Get your baseline and work from there (03:01)
- How a partner/associate affects your valuation (04:26)
- Why it’s important to know your valuation (08:30)
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