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You’ve finally decided it’s time to start your own veterinary practice, and of course, you’ll need to secure financing. Let’s say you’re still in significant debt from your student loan.
Good credit is critical for loan approval. Lenders use your credit score as the primary determining factor. Chronic debt is the biggest threat to your credit score. Contact TPSG for
Owning one or more veterinary practices can be a profitable and rewarding venture. As with any other business, there are many questions to answer before making your decision. For instance,
Myth #1 “I heard my Practice should sell for the average of the last 5 years gross revenue.” This is an antiquated ballpark method that may have been used many
The two largest expenses in a veterinary practice are Cost of Goods (COGS) and lay help/paraprofessional payroll. COGS includes drugs, supplies, and lab costs. We like to see COGS below
The decision to sell your veterinary practice is one that you may face at some point in your career as a practitioner of veterinary medicine. The sale of your practice
THE BEST PRACTICE MARKET IN MANY YEARS OPENS TO PRIVATE BUYERS BECAUSE CORPORATE BUYERS ARE DECREASING OFFERS The corporate veterinary practice sales market has been slowing since January 2022. Private
BUYERS!!!!! Don’t let today’s interest rates hold you back from pursuing your dream of owning your own veterinary practice! Let us show you how to realize your dreams of practice
As rewarding as having one’s own veterinary practice may be, there does come a time when selling is the best option. If you’ve been thinking that a sale is in
Many times owners that are considering selling are so focused on the financials and the numbers on the practice they forget to consider their physical plant. It is important, as