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Why Are So Many Veterinary Hospitals Selling to Corporate?

October 20, 2023
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If you’re looking to buy or sell your pet hospital or veterinarian practice, you’re probably wondering, “Why are veterinarians going corporate?” Keep reading to discover an insider’s view on selling ...

Broker Tip – Things To Consider Before Signing a Letter of Intent (LOI)

October 11, 2023
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There are many factors a seller must consider before signing a Letter of Intent (LOI). Price is important, but the seller must also be diligent in negotiating Employment Contracts, Lease ...

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 ...

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