Total Practice Solutions Group

419-945-2408

Category Archives: Business Valuation

Blog posts and articles about business valuation from Total Practice Solutions Group.

Broker Tip of the Month – March 2019

If you are considering selling your practice, but leasing the Real Estate to the buyer of the practice, it is important to determine what liens the Mortgage holder (if there is one) has on the practice. It is not uncommon for the Bank to have a blanket lien on all the assets, not just the building. This situation would prevent the buyer of the practice from obtaining a loan for the acquisition of the practice. Tip by Dr. Richard Alker

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment




Broker Tip of the Month – June 2018

The best time to improve the value of your practice is now. Keep good financial records, report all of your income to maximize the value of your practice, keep your office and equipment well maintained, and continue to grow your practice. It is very important to continue to show growth even after your practice is listed on the market. Tip by Dr. John Bryk and Dr. Bill Crank

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment



Broker Tip of the Month – November 2017

Be sure when entering into new agreements for equipment, that you understand clearly if it is a true lease of the equipment, a rental of the equipment or a product usage agreement. The terms of these agreements and the payoffs, should you decide to sell your practice prior to the end of the agreement, are vastly different. Not being fully aware of how these agreements work can cost you tens of thousands of dollars at the closing table. Tip by Dr. Richard Alker

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment


Broker Tip of the Month – October 2017

TPSG’s solid relationships with practice and real estate lenders, as well as our experience and understanding of the veterinary practice industry, strengthens your chances of obtaining 80 to 100% of purchase price of the practice asset and 85% of the cost of the real estate from the lenders. Tip by Dr. John Bryk and Dr. Bill Crank

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment


Broker Tip of the Month – September 2017

The best time to improve the value of your practice is now. Keep good financial records, report all of your income to maximize the value of your practice, keep your office and equipment well maintained, and continue to grow your practice. Financial statements should go back three or more years to determine growth patterns, but most important; is to show growth even after your practice is listed on the market. Tip by Dr. John Bryk and Dr. Bill Crank

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment


Broker Tip of the Month – July 2017

It is important to remember the capitalization rate is at the discretion of the evaluator. Important factors that determine one’s rate are location, growth of revenue stream, ability to transfer goodwill and demographics. Lower capitalization rates indicate greater risk to the investor while higher rates are associated with less risk. Tip by Dr. Dave Davenport and Mr. Nick Elliston

<

Posted on by KurtLiljeberg in Business Valuation, Buyer Articles, Buyer FAQ, Seller Articles, Seller FAQ, Tip of the Month Leave a comment


Broker Tip of the Month – June 2017

Sellers sometimes assume a sale should be a simple do it yourself project, but after a sale closing, they realize a broker valuation to maximize sale price and a broker’s experience to explain the ‘why’ regarding allocation for asset values being sold was needed. Asset closing allocations are commonly negotiation issues, requiring broker and tax professional help, not one side’s data. Tip by Dr. Karl Salzsieder, Mr. Rex Salzsieder, and Mr. Nick Ellison

<

Posted on by KurtLiljeberg in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month Leave a comment