Broker Tip of the Month β February 2019February 14, 2019
Lenders can confidently provide financing for practice goodwill if sellerβs have a clean Profit & Loss statement. The best way to achieve a clean Profit & Loss statement is to discontinue paying personal expenses through your business and declare all income on your Business Tax Return. For every dollar you increase in declared net income you will receive four to five dollars in practice value.
This entry was posted in Seller Articles, Seller FAQ. Bookmark the permalink.