Do you own a medical practice? Are you thinking about starting one? If so, you’re not going to want to miss this episode!
If you own a medical practice, one of the most important considerations is to start with the end in mind. In other words, how much are you going to sell your practice for, when you’re ready to move on?
In this episode, we speak with valuation expert, Chris Young. Chris is passionate about helping doctors, who “dedicate their life to service” set themselves up for retirement by maximizing the value of their practices.
During this episode, he breaks down the sources of value for a medical practice and how to maximize them at the time of sale. Just like we do with our rentals (or you can with any business for that matter!), you can “force” appreciation of your business by increasing income and decreasing expenses to raise the value.
If you’re ready to learn how to maximize the value of your business, check this one out!
Click below to listen:
Follow this link to listen or listen on Apple Podcasts, iTunes, Spotify, or Stitcher! Don’t forget to share with a friend and leave us a review on the iTunes app if you enjoyed it!
Be part of the conversation! Follow our general Semi-Retired MD Facebook page and then join our physicians or professionals group!
