For Practice Owners – Valuation Factor: Staff Training. A well-trained staff increases practice value. If the practice has a staff that lacks training or experience, value suffers because the new owner will need to invest more in training. A highly skilled and experienced staff makes a smooth transition more likely and can sustain a high level of performance during and after the transition.

Whitepaper Wednesday: Check out Dr. Levin’s whitepaper, “The 9 Areas of Expertise: Team Building,” by clicking here.