Outsource Acelerator Podcast, hosted by Derek Gallimore, explores business and outsourcing mastery. Inside-knowledge from the outsourcing capital of the world - Manila, Philippines.
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Increasing the Value of Your Practice Every Year
MP3•Episode home
Manage episode 424368981 series 8717
Content provided by Gary Takacs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gary Takacs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This episode discusses the importance of increasing the value of a practice every year, especially for early practice owners. It emphasizes the importance of constantly improving and increasing the value of a practice, even if it's not sold later in life. The most valuable asset in a dentist's net worth is their practice, which can be the value of their home, practice, or other investments. The value of a practice is likely to be a significant part of their net worth, and it's not taxed until a transaction. This strategic investment in one's practice can be customized based on factors like clinical mix of services, whether it's a solo or multiple doctor practice. The episode emphasizes the importance of focusing on the value of a practice and its potential benefits.
…
continue reading
649 episodes
MP3•Episode home
Manage episode 424368981 series 8717
Content provided by Gary Takacs. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Gary Takacs or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
This episode discusses the importance of increasing the value of a practice every year, especially for early practice owners. It emphasizes the importance of constantly improving and increasing the value of a practice, even if it's not sold later in life. The most valuable asset in a dentist's net worth is their practice, which can be the value of their home, practice, or other investments. The value of a practice is likely to be a significant part of their net worth, and it's not taxed until a transaction. This strategic investment in one's practice can be customized based on factors like clinical mix of services, whether it's a solo or multiple doctor practice. The episode emphasizes the importance of focusing on the value of a practice and its potential benefits.
…
continue reading
649 episodes
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