It would be wonderful if we could all go through life completely free of debt. There are a fortunate few who are born into wealth and have enough money to provide for themselves and go through life free of debt. Then there are the rest of us who face debt as a fact of everyday life (something you learn to contend with, live with, and yes, for many of us, die with it). Unfortunately, it’s even something we can pass on to our children someday. If you are already wealthy, then you may want to read
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The most widely used method for determining practice value is fair market value. The commonly accepted definition of fair market value is the price which a professional practice would produce, allowing reasonable time to find a purchaser, with both buyer and seller having access to full disclosure of information about each other.
The data source for Dentistics is the database of dentists in the U.S. maintained by AFTCO and the demographics are supplied by the U.S. government census bureau, etc.
Absolutely. The best thing the owner of a practice can do when he wants to sell his practice (and has an associate with no contract working in the practice) is to offer to pay $5000 or $10,000 to the associate as consideration for a restrictive covenant that can be transferred to a new purchaser.
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