Is there any accepted method for the valuation of an osteopath business?
Would 1 X GRFs be acceptable?
Charles
Replies (3)
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10-20%
I have a fair number of Osteopaths on my books. The going rate for a block of fees seems to be about 15% of the last year's fees. Unlike us faceless accountants, most Osteopaths seem to build up a personal relationship with their clients which means there is generally a lot of attrition on handover.
Hope this helps.
A question about an Osteopath's value
Hi I incorporated an Osteopath's sole trader business and completed first accounts to 31 March 2012. The company had been dormant for a couple of years and we transferred the business for the last 6 months to 31 March 2012. We have now done the accounts for the year to 31 March 2013. I didn't put a goodwill figure in the first set of accounts as I was unsure of whether there was any value for the reason you make above, that it is a very personal relationship. But I see that you recommend between 10% and 20% of the previous year's turnover as a way to reach a goodwill valuation. Can I put in the goodwill asset in the accounts to 31 March 2013 or should I restate the 2012 accounts? Claire
Employee development consultant and travel consultant
Hi, its me again! I have two other businesses that I have incorporated from sole trader. One assesses, develops and trains employees to get the most out of them and the other is a luxury travel consultant. Both, I feel, have intrinsic goodwill and therefore, it would be difficult to put a value on the business as they are not replaceable. What is your opinion?Clare