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Broker Tip – Employee Retention Credit Program

April 18, 2022
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If you own a veterinary practice with ten or more employees, it is worth your time to investigate the Employee Retention Credit program initiated in September of 2021 by the

What Is the Best Exit Strategy for a 1 to 1.5 Doctor Practice?

April 13, 2022
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It is true that smaller veterinary practices are not typically targets for corporate consolidators. The main contributing factor to this is the concern around replacing a primary revenue producer. “When

How to Sell Your Veterinary Practice to Corporations

April 7, 2022
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As a veterinarian with a successful clinic, you’re in the business of healing animals, not selling practices. If retirement or a career change is on the horizon for you, you

Broker Tip – Changing Market Conditions

March 24, 2022
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The high prices that corporate sales consolidators have been offering to practice owners are showing signs of waning. The private equity groups backing the consolidators not seeing the return on

How to Know What Your Vet Practice is Worth

March 23, 2022
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As a vet practice owner, you need to be an expert at providing quality care for your clinic’s patients and successfully managing the business side of your practice.   Successful practices

Top 10 Myths of Selling to a Corporation

March 3, 2022
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Navigating the veterinary acquisition market has changed in recent years. Our friends and colleagues used to sell their hospitals to associates, now they are selling to corporations backed by private

Broker Tip – Importance of Associate Veterinarians

February 22, 2022
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With the shortage of doctors in the veterinary sector, associates are more valuable than ever. Most corporate offers are contingent on having them sign an employment agreement. Whether it’s a

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