Do You Know What Your Dental Practice is Worth?

As a business owner, one of the questions you may often ask yourself is “What is the value of my business?” This is such an important question because whether you realize it or not, the value of your dental practice will impact both your personal and professional lives in many significant ways.

Knowing the value of your dental practice can help you plan your professional future. To give you an idea, this knowledge can help you to determine the dental practice’s selling price, the amount needed to fund a buy-sell agreement— a legally binding agreement requiring one party to sell, and another party to buy a particular ownership interest in a business— or to assign values to individual business assets.

Learn more about how to determine the value of your dental practice, and Visit MassMutual.com to locate a Financial Professional near you.