Sponsored by: Legally Mine
Legally Mine offers proven strategies to proactively protect assets from potential lawsuits through established legal structures. These same structures also enable us to assist tax attorneys in significantly reducing income tax liabilities, utilizing lesser-known tax benefits with extensive historical precedent.
1 RACE-Approved CEU
Sponsored by: Omni Practice Group
A pain point for both buyers and sellers in a practice transition is evaluating the numbers in financial statements. Sellers who have their practice valued might be frustrated if the numbers don’t come back as high as they anticipated. For buyers, it’s not always intuitive as to why a practice has low numbers; it could be due to staff turnover or other factors, so if you don’t evaluate, you might miss out on a fantastic opportunity. The numbers don’t lie; however, having a clear understanding of numbers opens doors to financial success.
In this illuminating lunch and learn, Rod Johnston, MBA, CMA, will offer sellers insight into how you can get your numbers higher, appealing to both buyers and your wallet. Additionally, Rob will show buyers scenarios that can explain why a low-performing practice can be turned around and produce more with the right buyer. When do the numbers add up for a great practice purchase?
Learning objectives: