Category: Appraisals

Fair Market Value Vs. Investment Value

The Headline today was that MGM stock was up after backing out of a deal to acquire Entain.  Why would the value of MGM go up in this situation?  Well, find out the difference between fair market value and investment (or strategic) value in the video below. Also, with speculation that Trump will start a […]

Business Appraisal Vs. Real Estate Appraisal

Real Estate Appraisers mainly rely on “Market Comps” to derive a value of the property that they are appraising.  Business Appraisers are typically more concerned with the amount of cash that flows through a business after all of the other bills are paid.  This is the core difference between business appraisals and real estate appraisals, […]

Qualified Appraiser Credentials

Types of Credentials for Appraisers All appraisers are required to follow the Uniform Standards for Professional Appraisal Practice (USPAP).  Think of this as the check list that appraisers need to follow for every assignment.  Appraisers in the business valuation field need to take a 7 hour USPAP class every 2-5 years, while real property appraisers […]

How to get a Bank Loan

How to get a bank loan to buy a business If you have a medical license you are in luck.  Banks are aggressively pursuing this portfolio and will compete to get your business. Wells fargo’s practice finance division in Emeryville CA (was matsco years ago) Bank of America has a practice solutions division Both of […]

Where Does My Money Go? A Review of Overhead

Where does my money go?  Is my dental practice overhead too high? Have you asked colleagues how much their overhead is?  Have you received answers from 40% all the way up to 90%?  Don’t worry, most of the confusion is due to how they define their overhead.  Some doctors may view their overhead as everything that […]

How to Split Profits With a Partner

Thinking about adding a new partner into your medical practice?  How are you going to split profits? Depending on your entity status you probably have been taking your salary/draw in a tax efficient way.  Also, many of you have been using the practice as your personal check book in an effort to lower your taxes.  […]

Medical Practice Valuation

Medical Practice Valuation: Within the Rules Established by the Uniform Standards of Appraisal Practice (USPAP) The USPAP rules have been adopted to ensure minimum standards for appraisal reports. The valuation process described herein complies with the rules followed by the American Society of Appraisers (ASA) and the American Institute of Certified Public Accountants (AICPA).Here are […]