Hearing Aid Practice Financial Value: Part II

Background Last week’s blog was devoted to providing some questions/comments that could be helpful to a potential buyer/seller of a hearing aid practice.  It discussed organizing a team, financial performance, and value.  This week’s blog focuses on evaluation of other elements of the business: employees, sources of sales, the user list, and equipment and inventory…

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Financial Value of a Hearing Aid Practice

During my years as VP of Marketing and Sales at a hearing aid manufacturer, I had many people ask me how to evaluate the worth of a hearing aid practice – either to sell or purchase.  To me, there was no simple formula because many issues were involved, and some needed to be analyzed in…

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