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TPSG recommends that owners do not sign any new five year equipment leases if you are getting ready to put your practice on the market. The offer may be tempting
Just like with home ownership, young veterinarians are walking into a completely different market than even the previous generation saw upon graduating from vet school. Nowadays, the ability to buy
We all teach and preach on all the items you should do to maximize your Practice Value when getting ready to sell your practice. Here are some things you should
Curbside service. An influx of people with more time on their hands to adopt new pets. Staff experiencing unheard-of levels of exhaustion. If you can relate to any of the
Doctors considering a career transition or retirement must plan 3-5 years ahead of time before selling their practice. This will allow time to make any required changes to increase profitability.
Many veterinarians who start to consider buying a veterinary practice hesitate because they worry that owning a practice will draw their focus too far away from veterinary medicine. While it
Doctors anticipating a career transition of a future practice sale should plan ahead by requesting a practice valuation at least three years before the sale, so if needed management improvements
Navigating through the maze of corporate consolidator buyers can be a daunting task. There are a large number of consolidators and they are purchasing a large number of veterinary practices.
When selling your practice there are several underlying factors to negotiate. Having a professional help you to recognize these factors and facilitate these decisions can greatly affect the bottom line
Did you know that staff longevity can affect your practice valuation? When determining the value of a practice, the appraiser examines historical operation factors in conjunction with predictions of future