Category: Business Valuation

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 […]

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 […]