Chapter 2 of the seven-part web presentation "Is Your Practice As Profitable As You Think?"
Speaker: Karen E. Felsted, CPA, MS, DVM, CVPM, the CEO of the National Commission on Veterinary Economic Issues
In this video, Dr. Felsted discusses how practice value is a critical component of practice profitability. You’ll learn about:
• Tangible and intangible assets of a practice
• Profitability rules of thumb
• Practice sale risk factors
This is Chapter 2 of a seven-part video series.
Want to test your knowledge? Take the dvm360 BizQuiz: Do you know enough about your practice's profitability and value?
The full series
Chapter 1: Is your practice as profitable as you think?
Chapter 2: What is the buyer buying?
Chapter 3: How can I determine my practice’s true profitability?
Chapter 4: What common items must be adjusted?
Chapter 5: What’s a good level of profitability?
Chapter 6: What resources can help me calculate profitability?
Chapter 7: Think you might have a No-Lo Practice?
BizQuiz: Do you know enough about your practice's profitability and value?