Dr. Michelle Campbell
Healthcare, Practice, and Business Valuations
“My mission is to ensure that you are abundantly successful and fully understand your practice as a business. I will help you to ease the stress of practice, build solid systems and focus on what fuels your heart and soul. What you value matters to me. I concentrate on the numbers AND the wholistic person in front of me.”
About Dr. Michelle Campbell
Services Offered
Practice and Business Valuations
1. Income Based Approach
This method is based on forecasted future cash flows and discounted to present value, providing a clear picture of potential earnings.
2. Asset-based Approach
This approach calculates the business value from the sum of all assets minus liabilities, offering a straightforward assessment of net worth.
3. Market-based Valuation
Considering factors such as location, ease of operations, company size and business longevity.
The exact business value will be based on a weighted average of these methodologies, ensuring a comprehensive and fair valuation.
Benefits of a Business Valuation
For Sellers:
- Maximize Sale Price: Identify areas to enhance the value of the practice before selling, ensuring the practice is sold at the highest possible price.
- Fair and Competitive Pricing: Ensure the price set is competitive and reflects the true value of the practice, attracting serious buyers.
- Streamlined Sales Process: Provide potential buyers with a detailed valuation, facilitating smoother negotiations and quicker sales.
For Buyers:
- Peace of Mind: Gain confidence in the purchase with a thorough and accurate valuation, ensuring the price reflects the true worth of the practice.
- Informed Investment: Understand the financial health and potential growth areas of the practice, making informed decisions.
- Post-Purchase Enhancement: Receive strategies to further enhance the practice’s value after acquisition, ensuring continued growth and profitability.
For Current Owners
- Value Enhancement Strategies: Identify areas within the practice that can be optimized for greater profitability and efficiency.
- Financial Health Check: Obtain a clear understanding of the current financial status, identifying strengths and areas for improvement.
- Strategic Planning: Use the valuation as a foundation for future strategic decisions, ensuring long-term success and sustainability.
- Investment Opportunities: Uncover potential areas for reinvestment and growth, maximizing the practice’s potential.
- Benchmarking: Compare the practice’s performance against industry standards, identifying opportunities for improvement
Why Get a Business Valuation Done?
- Objective Assessment: Obtain an unbiased, professional evaluation of the practice's worth, considering all relevant factors.
- Strategic Planning: Use the valuation as a foundation for strategic business decisions, whether buying, selling, or improving operations.
- Financial Insights: Gain deeper insights into the practice's financial health, identifying strengths and areas for improvement.
- Legal and Tax Considerations: Obtain an additional opinion to consider compliance with legal and tax requirements, and be more prepared for audits or other financial scrutiny. (Note: This is not legal or accounting advice.)
- Investment Justification: Provide potential investors or lenders with a clear, detailed report on the practice's value and future potential.
Professional Background
- Founder and CEO: Campbell Chiropractic Centre.
- Real Estate Investor and Manager: Twin Dawn Holdings Inc.
- Guest Lecturer: University of Waterloo, Western University, Fanshawe College.
- Public Speaker: Presenting on business principles and successful health professional business operations.
Contact Information
- Email: [email protected]
- Phone: 1-226-377-1021
- Websites: Campbell Chiropractic Centre, Dr. Michelle MBA, Grand Bend Cottage.
Professional Recognition and Awards
- Ontario Chiropractic Association Outstanding Patient Care Award, 2023.
- London 20 Under 40 Award, 2017.
- Consumer Choice Award Winner for Best Chiropractor, 2017 and 2024.
- Chamber of Commerce Business of the Year Finalist, 2023.
With Dr. Michelle Campbell’s extensive experience and proven track record in business and healthcare practice valuations, you can ensure your practice’s value is accurately assessed and maximized. Whether you’re buying or selling, Dr. Michelle’s expertise provides the confidence and strategies needed for successful transactions.
Legal Disclaimer
I am not a lawyer or accountant. All information provided is based on my experience and education.For legal or accounting advice, please consult with a qualified professional.