Broker Tip – Preparing Early For Year End & The New Year

September 12, 2023
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If you are an owner, as you head into fourth quarter of 2023, we recommend you start now to make sure you are ready for a busy end of year

How To Increase the Profitability of Your Veterinary Practice

September 8, 2023
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Do you run a veterinary practice? If so, you may wonder, “What is a good profit margin for a veterinary practice?” Total Practice Solutions Group specializes in maximizing a veterinary

Broker Tip – Assigning Commercial Real Estate Leases When Selling Your Practice

August 8, 2023
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It is prudent when signing leases for commercial real estate to pay particular attention to the terms surrounding the assignment of the lease and your continued liability as a Personal

Risk Assessment When Acquiring a Veterinary Practice

July 27, 2023
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Buying any business requires due diligence to ensure you know exactly what you’re purchasing and know the enterprise’s business, health, and safety risks. Risk assessments in veterinary practice are especially

Broker Tip – Exit Strategy Prep Tips

July 11, 2023
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Whether your exit strategy is one or three years away, here are four tips to consider: Don’t renew or sign any agreements or leases! Some agreements are not transferable, and leases

Why Should I Buy a Veterinary Practice Rather Than Start One?

June 26, 2023
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So, which is better: buying a veterinary practice or starting one? How much does it cost to start a veterinary practice? You’ll have a ton of factors to think about

Is A Joint Venture for You?

June 9, 2023
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When selling your practice to a Private Equity Corporation, you will be faced with a choice. Do you sell 100% ownership and become an employee or do you retain a

Broker Tip – Control Expenses & Maximize Practice Sale Value

June 4, 2023
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Practice value is mostly based on practice net cash flow or EBITDA. That number is determined by a broker valuation to exclude non-operating expenses and non-cash expenses. To increase practice

What’s the Difference Between Veterinary Practice Brokers and Advisors?

May 31, 2023
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Veterinarians know how to take care of animals, but the nature of their practice means that they may run into trouble when trying to sell their clinic. Veterinary practice brokers

The Benefits of Choosing a Broker Over an Advisor

May 30, 2023
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The Benefits of Choosing a Broker Over an Advisor When it comes to navigating the world of veterinary practice sales, it’s important to differentiate between practice brokers and practice advisors.