ALWAYS know the value of your practice and how these appraisals are performed. Learn how to improve on your net worth according to the market and the results of the analysis. Simply put, practices should be appraised periodically.
- Make sure that your estate is in good hands in cases of disability, accidents, fatality, or any emergency need to transition.
- Have an exit strategy in place.
- Keep an updated appraisal on hand as to the worth of your business.
- Begin tracking your ‘Practice Worth’ in order understand our current market.
With over three decades of experience, OPS, Inc. will accurately value your practice allowing you the ‘Fair Market Value’ of your practice based on three models of appraisal theory. ‘Fair Market Value’ is determined by our extensive knowledge of financial statements, market conditions, and the banking community. The importance of a thorough and up-to-date knowledge of these influences, is crucial in performing appraisal work.