Breakthrough Pt Marketing Podcast With Chad Madden

It will mainly be useful to you if you’re looking to sell your business in 2 to 5 years. It can also be something to think about if you’re just “toying” with the idea of selling your private practice. I got in touch with Paul Welk, an attorney over at Tucker and Arnesberg, on what private practice owners should start looking at if they want to exit. He shared with me the following 15 selling points 1. EBIDTA First thing to look at is your EBIDTA. This stands for Earnings Before Interest, Taxes, Depreciation and Amortization. It’s really a fancy way for accountants to describe your profitability. How much profit does your practice make a year? There’s a lot of technical information out there on EBIDTA, and there’s no way to do the topic justice in this article. 2. Multiple The very next thing to think about is a multiple.The concept of a multiple is simple, you can think of it like this: Value of Business = EBIDTA (annual profit) x Multiple. This multiple varies across industries. However in private pra