Every dentist works hard to build equity in their practice. In the back of your mind its a tax deferred retirement plan that will be subject to predominantly capital gains tax when the time comes to 'cash in'. Though you may not be ready now, you can use this tool to get an estimate on the value of your practice. Most appraisals are based on a formula that takes into account the last three years gross revenues. This Valuation Tool will allow you to enter either just the past year, two years or three years gross revenues and come up with a value. If your practice is growing, use this year as three years ago and the other two estimate what you beleive the revenues project to be next year and the year after. then run the Practice Appraisal Estimator to get a future vale for the practice two or three years from now. Remember this is NOT a Valuation that a bank would use to finance a loan. A bank will want to review your tax returns and use official numbers for your reported gross income and an analysis of your reported expenses. Banks will make allowances for non-mandatory expenses that the Buyer may elect to not spend. But these numbers from your tax returns will be the ultimate basis for how your practice Appraises for the purposes of a Pre-Approved Buyer getting the funding to purchase your practice.