Blog

A New Era of Practice Valuation

February 1, 2022
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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

Broker Tip – Valuation Timing

January 18, 2022
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As we start a new year and with tax season being right around the corner, TPSG recommends that all practice owners seek to have an updated valuation done by an

How to Prepare Your Staff For A Corporate Sale

January 3, 2022
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When selling to a private equity firm, it is crucial to keep all good employees. However, determining the time to tell your staff is a delicate process. After fully executing

Broker Tip – Real Estate/Facility Fair Market Value Rent

December 21, 2021
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If practice transition or future veterinary practice sale is part of your short-term plans, and you own the real estate/facility, please update your rent value, even if your accountant is

5 Things to know before you talk to corporate

December 3, 2021
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Before You Talk to Corporate… One offer may leave options on the table. TPSG negotiates for multiple offers and finds the best exit strategy for you. The sales price is

Broker Tip – Production Reporting Is Important

November 16, 2021
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When considering selling your practice, tracking production is very important, even in a 1 DVM practice. Having at least three years of accurate production before listing your practice gives potential

How Long Will It Take To Sell My Practice?

November 2, 2021
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This is one of the most common questions we get as Brokers. The answer has a lot of variables, but is important for Doctors to plan for their exit from

Broker Tip – Advice for Solo Doctors

October 14, 2021
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It is important for Solo Doctor practice owners to know that current buyers in the market are mostly looking for 1.5 to 2 Doctor practices. As they develop their exit

Broker Tip – Factors To Consider When Selling Your Practice

September 14, 2021
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The sales price is just one of many important factors to consider when selling your practice. Terms, stock options, partnerships, and earn-outs are equally as crucial. Tip by Dr. John Bryk and Dr.

Broker Tip – Why Do You Need A Valuation?

August 12, 2021
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Why Do You Need A Valuation? A practice valuation determines Fair Market Value, the amount a buyer is willing to pay in the open market. A practice valuation determines Lending