Who should use a self-evaluation?
• Practice owners wanting new strategies to improve practice value Practice owners who want to identify a reasonable market value for their practice • Practice owners acquiring evidence to determine a sale price for the business • Potential future practice owners/partners wishing to determine a reasonable value for a practice they are considering purchasing. • Practice partners or potential partners wishing to acquire information in determining a reasonable buy/sell price for a partnership • Formal partnership agreements that use the MPV Self-Evaluation Practice Appraisal as the agreed terms for both entry and exit of the partnership. • An MPV Self-Evaluation Practice Appraisal may also suit parties in conflict who can either; jointly complete an MPV appraisal or, alternatively complete two separate MPV appraisals, and then negotiate a settlement.
