Article 09-29-08 - MY FIRST (AND MAYBE LAST) ANNUAL STATE OF THE UNION ADDRESS
Unless you have been on an extended underwater deployment in a nuclear submarine, you have probably been subjected to intense and wildly fluctuating financial news for most of 2008.
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Article 08-07-08 - THANK YOU, EVAN – PART II
Feeling that the transition process was not that much different than what is experienced in a dental practice sale, I would like to share some thoughts about our experience...
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Article 07-01-08 - THANK YOU, EVAN – PART ONE
Today is Mr. Myers’ first official day of retirement from EMA and we need to talk a bit about what he has meant to me, this company and the dental profession in the Midwest.
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Article 05-19-08 - PATIENT & STAFF RETENTION AFTER THE SALE
One of the most frequently asked questions I receive from prospective buyers is my opinion (or perhaps assurance) on whether or not the current patients and staff will stay with the practice after the sale.
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Article 04-10-08 - I'VE GOT A SECRET - PART TWO!
Whether it was from too little gross revenue, too much overhead or too much demand for salary, a lack of adequate excess earnings (somewhere between 12 and 15% of gross revenues) can easily kill a deal.
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Article 03-03-08 - SHHH
. . . . I’VE GOT A SECRET! THE REAL STORY OF DENTAL PRACTICE FINANCE
I thought I would share a trade secret with you which might help to establish a baseline about how the people who matter the most in getting a sale closed go about analyzing a practice.
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Article 01-25-08 - ARE YOU READY TO SELL?
I don’t mind telling you that I am a long term believer in Michael Gerber’s
E-Myth philosophy....
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Article 11-03-07 -
EMA Dental Practice Sales redesigned website
As we kick off our redesigned website ... I hope by now you have also noticed a change in our name, EMA Dental Practice Sales. After almost 15 years of serving the Midwest market...
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Article 10-25-07 -
The Tale of Two Terms Nondisclosure and Due Diligence
These two very important terms deal with one issue that starts the transaction process and one that helps bring it to a close.
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Article 09-09-07 -
NORMALIZATION of A P&L
One of the steps we at EMA take in preparing to
list a practice for sale is an analysis of the federal tax
returns in order to determine the true cash flow and
profitability.
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Article 08-02-07 - Overhead Targets
...overhead category targets, so I
think this might be the right time to visit this issue both as it applies to
office profitability and to practice marketability...
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Article 06-21-07 - Appraisal Methods
...at EMA we never forget that fair market value is still
defined as what a willing buyer will pay to a willing seller
when neither is under any compulsion to act...
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Article 05-29-07 - Appraisal Methods
At EMA we start with the collection of all the pertinent data. This would include--but not be limited to-- a complete physical inventory of furniture, fixtures, dental equipment,...
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Article 04-23-07 - Associateships 101, Part II
When interviewing dental students that are approaching graduation, it is not unusual to hear them say
they would like to find a job...
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Article 03-09-07 - Associateships 101, Part 1
This is the time of year when we get plenty of questions about
associates and associate employment...
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