139. How Practice Valuations Work with Jon Harris of Fortune Management

Jon Harris from Fortune Management is back on the Growth in Dentistry podcast to discuss practice valuations, market trends, and strategies for building valuable dental practices. Jon shares his expertise on what makes practices valuable, how to structure acquisitions, and the importance of operational efficiency in today's changing market.Listen in to hear more about:Market Trends & Valuations: How rising interest rates, inflation, and market volatility have impacted practice valuations and deal structuresUnderstanding Practice Value: Why cash flow matters more than revenue, and how two practices collecting the same amount can have vastly different valuationsDeal Structures: Five ways to bridge valuation gapsMulti-Location Strategy: Why DSOs and private practices are pursuing multiple locations to spread margins and increase profitabilityCash Flow Drivers: The five key areas that drive cash flow in a dental practice Hygiene Optimization: How to calculate the impact of adding hygiene columns and prioritizing patients with unscheduled treatmentBuilding Value: Three main strategies to increase practice value: optimize capacity, expand clinical suite, and create a workplace culture that attracts talent...and so much more!Connect with Jon: (423) 579-3775 or [email protected]. See a demo of DI and get a $50 gift card: https://get.dentalintel.net/podcast.