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Covid-19: Recovering Your Practice Value

RECORDED WEBINAR: Covid-19 Silent Partners Still Investing in Dental Practices of all Specialties on April 30, 2020

Hosted by Chip Fichtner, Principal

Webinar, USA – April 30, 2020

Economic Injury Disaster Loan Program

EIDL loans are now available. Following the declaration of a national emergency to combat the Coronavirus (COVID-19) pandemic, the Small Business Administration (SBA) launched the Economic Injury Disaster Loan Assistance (EIDL) program for small business owners in all US states, Washington D.C., and other US territories.

On March 27th, 2020, President Trump signed into law the Coronavirus Aid, Relief, and Economic Security (CARES) Act,  a stimulus bill that includes a loan program to keep small businesses afloat during mandated COVID-19-related closures. The CARES Act includes a Paycheck Protection Program (PPP) which authorizes up to $349 billion of federally guaranteed loans to qualifying small businesses. This new loan program is based on the architecture of the SBA’s existing 7(a) loan program and will make forgivable loans of up to $10 million available to qualifying small businesses. – Click here to apply for Disaster Assistance (sba.gov).

Click Here to download a summary of the differences between EIDL and PPP.

Coronavirus Update Impact on Practice Value Week #3 – Click to Download

Coronavirus Impact on Practice Values; Important Tips and Buyer Update – Click to Download

Coronavirus Could Impact Your Practice Value for The Next Three Years – Click to Download

 

Large Practice Sales – Webinar (Recorded)

RECORDED WEBINAR: Real Coronavirus Impact on Practice Values; Short and Long Term – March 19, 2020

Hosted by Chip Fichtner, Principal

Recorded Webinar: Panel Discussion – March 31, 2020

Coronavirus – Panel Discussion – Practice Value Impact Update and Recovery – Click Here to Listen

The world has changed and those who monetize in 2020 will be almost as happy as our grateful clients who completed transactions in 2019 and as recently as March 16, 2020. We have a window and it will only be open for a short time. Transactions will resume shortly after the shutdown and you will want to be one of them. Diversification and liquidity will be very valuable in 2021 and beyond.

Hosted by:  Matt Wilkins, Principal – Large Practice Sales

Special Guest:  Tracy Martin, Founder – Straight Consulting, Dino Watt, Founder – Our Ripple Effect, Inc.

Other Helpful Resources