OPTOMETRY PRACTICE EVALUATIONS
Make Educated Business Decisions by Understanding the Value of Your Practice
PECAA's valuation service, powered by strategic vendor partner Optometry Practice Valuations, is designed to empower providers to understand the value of their business. We'll walk you through your report results and help you understand what your numbers are telling you.
Knowledge is power. You can not grow what you can not measure. Upon completion of your valuation, you will not only know the value of your practice, but you will also understand what aspects of your business drive value and what you can do to increase value. Once your valuation report has been finalized, we will walk you through as much or as little of your results as you wish. Perhaps you want to have your CPA, partner or attorney on the call as we go over the results… no problem! With your permission, we will explain things so you don't have to.
Typical valuation turnaround time is anywhere from 5 to 7 business days. Rush requests are available.
Why Should I Undergo the Valuation Process?
There are many reasons to have your practice valued, including:
- Mergers and acquisitions
- Sales and divestitures
- Buy/sell agreements
- Shareholder transactions
- Capital infusions
- Employee Stock Ownership Plans (ESOPs)
- Employee benefit plans
- Estate planning and taxation
- Gift taxes
- Solvency opinions
- Insolvency opinions
- Collateral valuations
- Determination of net operating loss in bankruptcy
- Determination of liquidation value in bankruptcy
- Banks—loan applications
- Eminent domain proceedings
- Marital dissolution
Meet Your Certified Valuation Analyst
Before transitioning to the optometric industry, Tyler spent 15 years in commercial finance. He has reviewed, analyzed, and underwritten all types of products for hundreds of businesses. He began his career in the optometric industry as a business advisor for the Professional Eye Care Associates of America (PECAA). As a business advisor, Tyler met with hundreds of OD’s to consult and educate them in areas related to business finance (including valuations).
Meeting the qualifications required to be a Certified Valuation Analyst (CVA) with the National Association of Certified Valuators and Analysts and having passed the proctored exam, you can be rest assured that your valuation is in good hands.
Tyler received his BA degree in finance (with a minor in Spanish) from Weber State University (Utah). He has been married to his wife Sara since August 11, 2000. They have four amazing boys; Gabe (2002), Jed (2004), Drake (2007), and Dax (2014).