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Broker Tip – Importance of Good Credit Scores for Buyers

May 4, 2023
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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 ...

Is Owning a Vet Clinic Profitable?

May 3, 2023
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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, ...

Top 10 Myths of Buying and Selling Veterinary Practices

April 11, 2023
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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 ...

Broker Tip – Managing Cost of Goods Sold (COGS) and Lay Help Payroll

April 10, 2023
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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 ...

Why Do Vets Sell Their Practices?

March 23, 2023
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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 ...

NOW Is The Best Market For Private Buyers To Purchase A Practice

March 9, 2023
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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 ...

Broker Tip – Interest Rates Should Not Deter Buyers

March 8, 2023
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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 ...

Why Now is the Time to Sell Your Veterinary Practice

February 23, 2023
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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 ...

Broker Tip – Importance of Physical Plant

February 6, 2023
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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 ...

Why Use A Professional Practice Broker

January 31, 2023
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Total Practice Solutions Group brokers bring the buyers and sellers of veterinary practices together. This sounds like an easy task to accomplish, but the complex nature of a business sale ...

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