My best friend has to check out the dental practice valuation of two practices that are being sold. The dentists are retiring and ready to sell. It is her job to find out what the over all value is for each business before a price can be set for them. She has a lot of stuff to take into consideration with each business, so they can get a fair market value. The amount of patients the doctor has, their management, fees, reputation, and location are all important. There are other thing as well, but you get the general idea. I think her job is pretty interesting. I wouldn’t mind doing something like that myself. Who knows, maybe I will change careers.
Notes from Abigail