by Chip Fichtner | Jun 4, 2020 | Insights
Several large LPS transactions will by design push into early 2021, but it was still a $300,000,000+ year for Large Practice Sales vs. “only” $200,000,000 in 2019. COVID be damned! Newer IDSOs stepped up and filled the void of the larger, legacy IDSOs who spent time...
by Chip Fichtner | Jun 2, 2020 | Insights
Practice value is enhanced by the potential that a doctor can create and articulate, not just about their practice. Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) is important (Net Income, see LPS EBITDA Memo), but a doctors’...
by Chip Fichtner | Jun 2, 2020 | Insights
Taxes are going up. Your Tax Rate Could Exceed 50% in 2022. LPS urges all dentists to fully understand the potential impact on the net value of your practice in 2021 vs. 2022 and beyond. Now may be a time to consider selling a PART of your practice to an...
by Chip Fichtner | Jun 2, 2020 | Insights
LPS Completed $160,000,000 of transactions in the last 96 days! Many people (doctors and IDSO executives) have chastised me for my “alarmist” forecasts in early, and throughout 2020, that higher taxes on rich dentists are inevitable in 2021. The recent election...
by Chip Fichtner | Nov 23, 2019 | Insights
I wouldn’t do my own root canal! Why would you attempt the biggest transaction of your life without a specialist? Each of the doctors experienced failed deals. All of them received acceptable, not the best offers, but they could not close a transaction and put cash...
