Blog
With interest rates at an all-time low, it is a great time to buy a practice. In this article, I will explain what is expected of a buyer before their ...
Owners anticipating a practice sale within three years need to have simple and clear tax returns, so the buyer does not see taxable income low from non-operating expenses. If low ...
Owners should obtain regular valuations. Having a professional valuation done at least every three years lets you know your practice’s current value and what could be done to enhance it. ...
It is obvious that there is a lot of uncertainty right now regarding what the near future will look like, much less what things will look like a year or ...
It is unfortunate that so many businesses have been negatively impacted by COVID-19 nationwide. However, we have realized how resilient our veterinary profession has been in most parts of the ...
Veterinary Practice Sales and Practice buy-ins are affected by the COVID-19 government support Payroll Protection Plan practice loans. The government’s COVID-19 Payroll Protection Plan (PPP) loans (or possibly grants) have ...
Buying A Practice With Real Estate: Once the letter of intent is signed, the buyer is required to have a building inspection, a real estate appraisal, and based on the ...
Buying a practice is still a smart move even during the COVID-19 pandemic. There are a few extra things to consider though. First, how have the practice restrictions set in ...
Who Gets What at Closing: At closing, the buyer will receive all practice equipment and a specified amount of inventory. The seller will keep the balances of all personal and ...
We are certainly experiencing events that no one could have ever predicted. Everyone in the entire country and the world has been affected by this terrible virus called COVID-19. There ...