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Probably not, because practice valuations can be both time consuming and costly. Even so, there are many instances when it’s important to determine the value of your practice:
Unlike a home, which you can value based on what your neighbors' homes are selling for, determining what your practice is worth isn't quite so easy. Often you need the help of a professional trained in business valuation to analyze the various methods of valuation that would be most appropriate for your type of business.
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