How do you determine the value of anything? For cars, we have Kelley Blue Book, Carfax and other resources. For stocks, we have company financials, public data, advisors and online tools. For real estate, we have sites like Zillow, building inspectors, publicly available data and realtors to perform a comparable property analysis. But for privately …
Continue reading “Do I Need an Optometry Practice Appraisal?”
Congratulations, Jane Doe O.D., you’re a recent optometry school grad and vibrant young budding optometrist! In no time, you’ll be driving a brand new Mercedes-Benz convertible and pondering which country club to join, right? Not quite. These days, you’re more likely to be adding another 200,000 miles to the same beat-up sedan you’ve had since …
Of roughly 40,000 ODs in the US, only a minute portion fit the demographic who would be interested in buying a practice, at the exact time you decide to sell it, in that exact location. In other words, the market is small; so small that you must take the proper steps to insure your practice …
Continue reading “Preparation for the Sale of an Optometry Practice”
President and Founder of Visionary Practice Group, Erik Ferjentsik, is a guest speaker on the Power Hour Podcast in which he addresses many topics for optometry practice owners to consider as they prepare to sell an optometry practice. Click on the following link to listen to the podcast: https://powerpractice.com/power-hour/thinking-about-selling-your-practice/
President and Founder of Visionary Practice Group, Erik Ferjentsik, is a guest speaker on the Power Hour Podcast addressing ways to maximize the value of your Optometry Practice. Click on the following link to listen to the podcast: https://powerpractice.com/power-hour/how-to-maximize-the-value-of-your-optometry-practice/
