Getting Down to Business

Order your copy of Getting Down to Business, by Norton Hindley: Amazon link: https://www.amazon.com/gp/product/0982442203/ref=ewc_pr_img_1?smid=A3VJ7EVKWM8E88&psc=1

Watch on YouTube: https://youtu.be/C0L5Bv6HEUo

#hindleyburgmaiergroup #sellmybusiness #dental #accounting #albuquerque #valuation

Getting Down to Business Amazon Link : https://www.amazon.com/gp/product/0982442203/ref=ewc_pr_img_1?smid=A3VJ7EVKWM8E88&psc=1

Watch on YouTube https://youtu.be/s-MFGmYvJbQ

In this episode we examine the scenarios where selling a dental practice would make sense for certain dentists. We look at the drawbacks of selling to a corporation and leave it up to the dentist to decide what's best. Having a team of experts is essential in helping guide you in making the right decision.

The Hindley Burgmaier Group is here to assist you on your journey. Pick up a copy of Getting Down to Business, by Norton Hindley: https://www.amazon.com/gp/product/0982442203/ref=ewc_pr_img_1?smid=A3VJ7EVKWM8E88&psc=1

In this episode the experts at Hindley Burgmaier Group, Kelly Yardman and Rachel Robles help prepare us for our upcoming case study episode.

Before we interview a real life success story, with an actual dentist who purchased a practice we examine the important steps required to ensure a smooth transition.

Be sure to visit our website https://www.hindleyburgmaiergroup.com and schedule a consultation if you are looking to buy or sell a dental practice.

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Amazon (Getting Down to Business book): https://www.amazon.com/gp/product/0982442203/ref=ewc_pr_img_1?smid=A3VJ7EVKWM8E88&psc=1

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On today's episode of Getting Down to Business, we have a special guest joining us. Michael Davis, DDS is a general practitioner in Santa Fe, New Mexico, as well as a celebrated writer of many articles pertaining to the dental industry. In this video we start discussing the implications of dental support organizations real estate sell off and how that affects the private practices acquired by them.

LinkedIn article: "The Implications of Dental Support Organizations' Real Estate Sell Off by Michael Davis, DDS

https://www.linkedin.com/pulse/implic...

Contact Michael Davis, DDS @[email protected]

Visit Smiles of Santa Fe https://www.smilesofsantafe.com/

In our tenth episode we take a look at an article that was published on how practice values are calculated. We learn that gross revenue alone is not what makes a practice high value, but rather profitability in addition to desirability/risk.

When we do our valuation we look for the "true profit" of the practice which requires a lot of subtraction from the gross revenue reported on the tax return. Once we have the true profit of the practice we then can determine the "capitalization rate" which is the return a buyer can reasonably expect from the practice going down the road.

In this episode we invited Anthony Carrillo onto the show to talk about how he works with the Hindley Burgmaier Group.

Last week we discussed the valuation process for buyers and how Hindley Burgmaier Group performs one. This week we look at the buyer side of the valuation process, also known as a due diligence report.

On this episode of Getting Down to Business, Rachel Robles and Kelly Yardman answer questions about the process of how a valuation is performed for a dental practice.

In this first episode of Getting Down to Business, Eric Burgmaier breaks down one of the most important financial statements in a dentist/doctor's practice: The Income Statement.

https://youtu.be/On81r527wZs