What are you intangible assets?Feb 28, 2023
Richard Stone of Model Decisions https://www.modeldecisions.co.uk/richard-stone/
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.