|
|
Proforma
The best way to test a proposed sale or transition plan is to
test it through a set of projections known as an after tax cash
flow or proforma. A proforma is a financial overview of what
both the seller and purchaser can expect to realize after meeting
all overhead costs, debt service, seller/ associate compensation
(if applicable) and estimated personal income taxes. BM&H
will run multiple variations, in combination with income distribution
formulae, in order to determine that the projections demonstrate
how both purchaser and seller will benefit from the transaction.
Income Distribution Formulae
When two or more doctors jointly own a practice, a formula needs
to be established so the distributable profits and overhead
can be fairly divided among them. BM&H has extensive experience
in the development of successful income distribution formulae
which provide for an equitable distribution and simultaneously
encourage individual productivity.
To schedule a no-obligation telephone consultation with Mr.
Hill, contact his assistant, Erica
Flory at (704) 424-5626. |
|
