For Endo Practice Owners – Valuation Factor: Quality of Systems. To command a higher price for your practice when it’s time to transition to a new owner, keep your management systems up to date. When prospective buyers look at your practice, they’re looking for qualities that will not go away when you do. Efficient, step-by-step systems ensure repeatability, which in turn ensures sustainability. High-quality systems result in excellent performance by the current and future practice team.
Management Monday: Check out Dr. Levin’s whitepaper, “Using Systems to Build a Sustainable Business,” by clicking here. Save 25% with code TOD25.