BC Advantage - 2019 Issue 5

Thoughts Had Lessons Learned © Do You Have an EBITDA

What is your "Practice" (Business) worth? Not what you are worth as a Physician seeing patients, but the business value of your established Practice over and above what you are worth as a Physician.What is EBITDA? M-Webster says: (1) The earnings before interest, taxes, depreciation, and amortization. What is Goodwill? M-Webster says: (1) The favor or advantage that a business has acquired especially through its brands and its good reputation (2) The value of projected earnings increases of a business especially as part of its purchase price (3) The excess of the purchase price of a company...

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