Knowing Your Practice Worth | Practice Analysis & Valuation

Knowing Your Practice Worth | Practice Analysis & Valuation

September 2024

As a practice owner, your business is a product of the investments you’ve made.  Over the years you’ve invested your time, passion, and values, as well as made financial investments in your business.  Because of this, it may not come as a surprise that many business owners have unrealistic ideas of what their business is worth1.

Whether or not you are thinking about selling your practice, knowing the true market value of your business may be helpful in understanding the factors that drive market value.   Which in turn, can help you create a succession plan and prepare for a sale today or in the future.

If you’ve ever wondered, “How much is my practice worth?”, Inner Circle can help!  All members now have access to a Practice Analysis & Valuation service.

This service is completed via a third-party consulting group with over 30 years’ experience scaling hearing healthcare businesses. They provide independent, confidential business valuations and assist you in navigating the exit planning process.  Should it be necessary, they can even help you devise strategies for future success to improve valuation.

To learn more about this new service, visit the Inner Circle Dashboard, Marketing & Business Services.  Search “valuation” for Practice Analysis & Valuation.  Add to your shopping cart & confirm request for a free, no obligation consultation.

  • Laurie Daley is a Senior Practice Services Manager at Sonova. Prior to joining Phonak in 2012, Laurie practiced as a clinical audiologist in central Massachusetts. As part of the Phonak outside sales team, she has shared her passion for helping patients on their journey to better hearing with her customers and the team she led as Region Director. In her current role, Laurie continues to work with hearing healthcare providers to deliver an exceptional patient experience, and to thrive & grow in an ever-evolving industry.