Your practice is a very valuable asset, and it's important to know how much it's worth! Whether you're interested in selling your practice in the next year, or you'd like to get a head start on increasing the value of your practice, today's episode is for you.

Episode Highlights:

• Key Drivers in Increasing the Sale Value of Your Practice
  • Profit & Owner's Compensation
    • More profit = more cash generated for your buyer
  • Minimizing Debt
    • Paying off business credit cards and closing loans both increase the value of your practice tremendously
  • Organize Your Expenses to Paint the Best Picture
    • To ease the transition, you want to make sure your expenses make sense to your buyer, and this is an easy step to be proactive about!
  • EBITA = Earnings Before Interest, Tax, and Amortization

Links & Resources:
GreenOak Accounting
Therapy For Your Money Podcast