Doctors Building Wealth

Maximize the Value of Your Medical Practice with Chris Young


Listen Later

 

Do you own a medical practice? Are you thinking about starting one? If so, you're not going to want to miss this episode!

If you own a medical practice, one the most important considerations is to start with the end in mind. In other words, how much are you going to sell your practice for when you're ready to move on?

In this episode, we speak with valuation expert, Chris Young. Chris is passionate about helping doctors, who "dedicate their life to service" set themselves up for retirement by maximizing the value of their practices.

During this episode, he breaks down the sources of value for a medical practice and how to maximize them at the time of sale. Just like we do with our rentals (or you can with any business for that matter!), you can "force" appreciation of your business by increasing income and decreasing expenses to raise the value.

If you're ready to learn how to maximize the value of your business, check this one out!

Contact Chris today!

Christopher W Young, PhD,  MBA, MAFF, CVA Red Maple Economics Contact: 347-522-0480 WWW.REDMAPECON.COM  

__________________________________________________________

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Semi-Retired M.D. and its owners’, presenters’, and employees are not in the business of providing personal, financial, tax, legal or investment advice and specifically disclaims any liability, loss or risk, which is incurred as a consequence, either directly or indirectly, by the use of any of the information contained in this podcast. Semi-Retired M.D., this podcast, and any online tools, if any, do NOT provide ANY legal, accounting, securities, investment, tax or other professional services advice and are not intended to be a substitute for meeting with professional advisors. If legal advice or other expert assistance is required, the services of competent, licensed, and certified professionals should be sought. In addition, Semi-Retired M.D. does not endorse ANY specific investments, investment strategies, advisors, or financial service firms.

 

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