Different valuation methodologies are used depending upon the size and other features of a chiropractic practice.
Chiropractic valuations are often required for purchase or sale of a practice, tax reasons and for family law property settlements and other types of disputes.
The most common normalisation adjustment in a chiropractice valuation is the adjustment for a market based salary for the owner of the practice. This can have a significant impact on the normalised profit of the business and the appropriate valuation technique.
Another consideration is the size of the practice and whether any goodwill in the practice is transferable or the goodwill is personal and attaches to the chiropractor and not the chiropractic practice.
More information about the valuation methodologies used to value a chiropractor practice can be found in the following video:
Next Steps
If you wish to engage Rushmore Group to prepare a business valuation, then please complete the following steps:
- Contact Rushmore Group by phone on 1800 454 622 or via e-mail info@rushmoregroup.com.au.
- Provide copies of source documentation in order for the business valuation to be conducted. This information can be emailed, hand delivered or posted to our office.
Further Information – Fixed Price Practice Valuations $4,990
If you require more information in relation to our fixed price practice valuation reports then please don’t hesitate to contact us on 1800 454 622. We are specialist small to medium practice and company valuers and work for clients across Australia.