by Sang Park | Jan 15, 2021
A Signing Bonus May Not Be the Answer Associate-centric point of view… There is a way to financial security and ownership for associates. Unfortunately, a signing bonus will not get you there. The numbers below are for illustration purposes and are not based on an...
by Sang Park | Dec 8, 2020
Exit Options for One Doctor Practices It may sound crazy, but have you considered giving away partial ownership, let’s say 30%, to an associate? If you can convert/reinvent a 1 doctor practice to a 2 doctor practice by giving away 30% of equity to an associate, you...
by Sang Park | Nov 10, 2020
Why Me? What makes Unique Practice Valuations, well, unique? This is a fair question. Let’s first take a look at the industry players in veterinary medicine. Then how my practice, Unique Practice Valuations, gives clients an edge and maximizes value. Veterinary...
by Sang Park | Oct 27, 2020
Part 6 of Valuation Basics – Conclusion Before starting on LinkedIn, the closest thing to writing that I did, besides company emails, was writing on coworkers birthday cards. In less than two months, I have gone from being a numbers guy to a quasi-blogger. Who...
by Sang Park | Oct 19, 2020
Part 5 of Valuation Basics – Everything Else in the P&L to Consider We are almost to the end, and next week, I will provide an Excel based presentation to pull together everything. In the meantime, below are the P&L expenses to evaluate with valuation...
by Sang Park | Oct 12, 2020
Part 4 of Valuation Basics – Facilities & Rent The last major group in your P&L that you should not overlook is the facilities and rent group. It does not draw the attention like Salaries and Wages nor is it as obvious as Cogs, but generally speaking,...
