The best-case scenario is to plan a dental practice sale 6–12 months in advance, with financial records up-to-date and organized. This includes having ready access to tax returns, bank statements, and P&Ls. Lou Bermudez also provides a free practice analysis, including an on-site inspection, valuation, sale chronology, and recommendations designed to help maximize pricing after taxes.
Planning for a Practice Sale, Purchase, or Appraisal
Planning for an event such as a practice sale, purchase, or need for an appraisal can be done with years of advanced planning or spur of the moment.
Most importantly, one’s financial records should be up-to-date and organized.
Access to tax returns, bank statements, and P&Ls without waiting for an accountant’s availability is crucial.
The best-case scenario is to plan one’s practice sale with 6–12 months’ advance notice.
It’s Not Just About the Numbers
Mr. Bermudez will provide a free practice analysis (including an on-site inspection) with recommendations as to facility upgrades, equipment reupholstering needs, painting suggestions, or any office suggestions that would aid in the sale process.
Additionally, Lou will provide a list of all financial items needed, a sale chronology, answer any questions, provide a valuation, and formulate a strategy that maximizes pricing AFTER taxes.
Accounting, Appraisal, and Negotiation Experience
Mr. Bermudez’s background is in accounting. He is a court-approved appraiser and master negotiator — find out for yourself by calling him on his mobile at 818.519.8564.