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    Physicians: Selling Your Practice Is About More Than Money

    There are more than 800,000 active physicians in the United States and more than 50 percent of them are owners of their own practice. If you’re one of them, you have likely noticed a recent trend in the industry: consolidation. Specifically, consolidation financially backed by private equity.   Continue Reading

  • Why Democrats and Republicans Differ on Taxes - And Why They're Both Only Partially Correct

    While Democrats and Republicans rarely agree on anything, it’s no secret that tax policy and handling of economic issues are always a major point of contention. Historically, Democratic candidates have favored higher taxes, while Republican candidates typically favor lower taxes. Here’s why:The rationale behind these taxation strategies is simple, but it isn’t always straightforward.   Continue Reading

  • What's Your Business Worth, and Is Fair Market Value Really Fair?

    How can you get the most for your business when you’re ready to sell?  When a business is valued with a formal appraisal, the objective is usually to determine fair market value.  But what is fair market value, and how does that differ from a final selling price?What Fair Market Value Really is…and isn’tFair market value is loosely defined as “the price at which property would change hands between a hypothetical willing and able buyer and a hypothetical willing and able seller, acting ...  Continue Reading

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    Would Your Business Survive Without You?

    As Benjamin Franklin put it, “there are two certainties in life, death and taxes.”  For business owners, a third certainty is thrown into the mix – the eventual exit from your business.  Whether this is by choice at retirement or by force as a result of unforeseen circumstances, a formal exit from the business will eventually take place.  The real choice is whether or not you plan for it.   Continue Reading

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