Blog

What is Affecting Your Profitability???

May 5, 2022
Posted in

There are 4 major categories of expenses that are driving your bottom line. These are Cost of Goods, Cost of Staff, Cost of Occupancy, and Cost of Veterinary Staff. We

Is a Veterinary Clinic a Good Investment?

May 5, 2022
Posted in

Discover how Total Practice Solutions Group can help you explore veterinary clinic sales. Call us today at 1-844-908-2967! Whether you’re a veterinarian looking to own your veterinary practice or a

Broker Tip – Employee Retention Credit Program

April 18, 2022
Posted in ,

If you own a veterinary practice with ten or more employees, it is worth your time to investigate the Employee Retention Credit program initiated in September of 2021 by the

What Is the Best Exit Strategy for a 1 to 1.5 Doctor Practice?

April 13, 2022
Posted in

It is true that smaller veterinary practices are not typically targets for corporate consolidators. The main contributing factor to this is the concern around replacing a primary revenue producer. “When

How to Sell Your Veterinary Practice to Corporations

April 7, 2022
Posted in

As a veterinarian with a successful clinic, you’re in the business of healing animals, not selling practices. If retirement or a career change is on the horizon for you, you

Broker Tip – Changing Market Conditions

March 24, 2022
Posted in , ,

The high prices that corporate sales consolidators have been offering to practice owners are showing signs of waning. The private equity groups backing the consolidators not seeing the return on

How to Know What Your Vet Practice is Worth

March 23, 2022
Posted in

As a vet practice owner, you need to be an expert at providing quality care for your clinic’s patients and successfully managing the business side of your practice.   Successful practices

Top 10 Myths of Selling to a Corporation

March 3, 2022
Posted in

Navigating the veterinary acquisition market has changed in recent years. Our friends and colleagues used to sell their hospitals to associates, now they are selling to corporations backed by private

Broker Tip – Importance of Associate Veterinarians

February 22, 2022
Posted in , ,

With the shortage of doctors in the veterinary sector, associates are more valuable than ever. Most corporate offers are contingent on having them sign an employment agreement. Whether it’s a

A New Era of Practice Valuation

February 1, 2022
Posted in

2022 brings us to a new era of practice valuation. A number of factors come in to play. First, it is becoming more and more evident that the final evaluation