Covid-19: Recovering Your Practice Value

Covid-19: Recovering Your Practice Value

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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.

Join us for a special 1 Hour interactive Panel discussion led by Large Practice Sales:

Covid-19: Recovering Your Practice Value, Large Practice Sales

 

Hosted by:  Matt Wilkins, Principal – Large Practice Sales

Matt always knew he would never do well in a 9-5. Instead he’s started multiple companies, and stumbled into Dentistry in 2012, cofounding a large specialty DSO. Matt attended Case Western Reserve University Law School as well as obtaining a Masters in Accounting from the University of Arkansas. Married with two bosses at home (wife Morgan & daughter Mila) and counts Spacecamp as one of his fondest childhood memories.

 

 

 

Covid-19: Recovering Your Practice Value, Large Practice Sales

Special Guest:  Tracy Martin, Founder – Straight Consulting

With a black belt in orthodontics and a game-changing conversion rate, Tracy has mastered the art of providing the highest level of patient care while creating a rhythm the team can dance to.  Growing up in orthodontics over the past 15 years, in offices ranging from start-ups to multi-practice/multi-doctor and DSO, Tracy has developed a method for increasing case acceptance, improving office efficiency, and introducing standout marketing strategies.

Passionate about the business of orthodontics, and having held every position in a practice, she is a firm believer in the team behind the doc. Much of her focus is spent working with docs, treatment coordinators, patient coordinators, and clinical assistants to boost the “New Patient Experience” and enhance the practice’s mark in the community.  As the Founder of Straight Consulting, Tracy’s mission is to put a millennial twist on traditional practice consulting and lead the development of next generation orthodontic teams.

Covid-19: Recovering Your Practice Value, Large Practice Sales

Special Guest:  Dino Watt, Founder – Our Ripple Effect, Inc.

Dino Watt was born and raised in southern California. It was there, at the age of 5, where he first met his wife of over 20 years, Shannon. Dino has always had a passion for improving relationships and realized early on in life that everything he ever wanted or has is due to his relationships with other.

From his early days as a dancer for Disney to managing a department at Nordstrom, producing his own pre-Youtube web show and now as The Relationship Expert for the last decade, Dino knows how to show people how to get what they want if they just focus on strengthening their relationships. The creation of the CORE business management training program has given Dino’s clients a systematic way of honing over 25 years of experience for the benefit of his clients.  When he’s not working, Dino loves to go to the movies with Shannon, play golf with his son, roller skate with his daughters, and he never met a bowl of chips and salsa he didn’t like.

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

Other Helpful Resources