I'm retiring and want to sell my practice. Does the Academy have any resources to help?
Asked and Answered
July 1, 2019
Yes! We offer the following resources to assist AAD members who are considering closing their practices:
- The AADA’s Practice Management Center breaks down:
- How to value your practice, with a detailed explanation of how to calculate EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization)
- What to consider before selling your practice to a private-equity backed group
- 5 essential contract tips
Get these resources and more.
- Consult the Academy’s newly revised Valuing, Selling, or Closing a Dermatology Practice Manual for tips on how to evaluate your practice’s worth, key strategies for a successful sale, and advice on meeting requirements for record retention, staff or patient notification, legal, and accounting.
