The Money Blog

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What are you intangible assets?

conversations privatepracticeskills Feb 28, 2023

Richard Stone of Model Decisions

As our resident finance expert Richard is passionate about people knowing their numbers in their practices, today we're going to be talking about the intangibles within your business.

Here's what we will be discussing in today's podcast:

- the difference between tangible and intangible assets

- the two types of intangible assets

- how to allocate them

- what "Goodwill" is and how it is valued (critical for all service-based businesses)

- the depreciation of assets

- and tips on preparing for the sale of your practice We will dive deep into the financial part of a healthcare business.


The Health-prenuers Guide

Coming Soon!

I'm on an exciting journey with my book, taking it back to the good old days when books were served up in newspapers, piece by piece. I'm crafting circa 500 words a day and sharing it with all of you.

Now, this book is for you if you've ever had a brilliant idea or a vision for your own healthcare business or perhaps you want to revitalise your existing service, but you're stuck, not sure how to confirm if there's a market for your idea or how to bring your vision to life.

Let's embark on this journey together