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Broker Tip – Cash Flows Based On Reasonable Work Hours

April 15, 2020
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Total Practice Solutions Group (TPSG) cash flows practices so buyers only have to work 40-42 hours per week and no more. Working crazy long work weeks should not be a ...

The Due Diligence Process: What Should a Seller Expect?

March 30, 2020
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Does the buyer of a veterinary practice have the right to know everything there is to know about your practice if you are selling it? The answer is “mostly, yes.” ...

Broker Tip of the Month – March 2020

March 12, 2020
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Consolidators are requiring sellers to replace their production prior to completing their employment terms. With a shortage of veterinarians, this can be a difficult task. Call your local TPSG representative ...

Selling Your Veterinary Practice: Preparing Your Exit Strategy

February 28, 2020
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There are many items to consider when contemplating the sale of a veterinary practice.  What price do I ask?  Do I sell to the corporate or private sector?   How ...

Are You Bankable?

February 3, 2020
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The lending market for veterinarians is ever-evolving, with new banks and lenders looking to enter the market to assist veterinarians with their practice financing needs. In today’s lending environment veterinarians ...

Broker Tip – Corporate Buyers Ask For Seller To Stay On Past Sale

January 15, 2020
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Practice owners need to consult with a TPSG broker three to five years before they want to depart from working at the practice because more buyers (especially corporate buyers) want ...

Questions That Come Up at Closing

January 6, 2020
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Seller’s Note When selling a veterinary practice, the seller can expect to receive 100% of the negotiated price of the practice at closing.  The lenders will also loan up to ...

Broker Tip of the Month – December 2019

December 12, 2019
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When working with a corporate buyer, there are many things to consider other than sales price.  Be sure to consult a professional like TPSG to secure a suitable long-term lease. ...

The Difference Between an Associate Buy-In and Buy-Out

December 3, 2019
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An Associate Buy-In is selling a portion of the practice to a current associate. This process has unique tax ramifications, distributing responsibilities, future buy-in options, and financing issues. Total Practice ...

Broker Tip of the Month – November 2019

November 14, 2019
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As a Practice owner, when you lease equipment from a vendor, be aware that the vendor files a UCC document. This is just like a lien. When you pay these ...

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