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Factors Affecting the Value of Your Practice

Investment in a dental practice is a significant outlay which practice owners hope to one day realize as part of their retirement plan.

In this Oasis discussion, David Chong Yen of DCY Professional Corporation Chartered Accountants discusses the impact of COVID-19 on practice resales, highlights the key factors that influence practice values, and offers advice on preparing for that all important sale.

“Dentists should plan at least three years prior to the sale of the practice.”

 

David Chong Yen

 

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Watch the Conversation (35'26")