Blog

Navigating the Maze of Corporate Veterinary Buyers

March 16, 2021
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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. ...

Broker Tip – Negotiation Factors

March 15, 2021
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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 ...

How to Build Team Morale

January 29, 2021
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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 ...

Broker Tip – Show Your Profit!

January 14, 2021
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Show Your Profit! Every dollar you disclose as income on the business tax return is worth four to five dollars in practice value. Show your profit! If the lines are ...

How to Get Your Team in Place before Selling Your Veterinary Practice

January 8, 2021
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If you are thinking of selling your practice in the next 3-5 years, now is the time to start the process! This will probably be the biggest asset you will ...

Broker Tip – Signing With a Corporate Buyer

December 15, 2020
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Slow down and do not sign a Letter of Intent with a corporate buyer/consolidator until you engage a consultant like TPSG that deals with the consolidators/buyers frequently. Many times, we ...

10 Things to Know When Buying a Veterinary Practice

December 2, 2020
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Total Practice Solutions Group® (TPSG) have been practice owners and understand the demands of veterinary medicine, as well as, practice ownership. We are part of a nationwide team providing not only ...

Broker Tip – Value in Growth

November 10, 2020
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The market is always favorable for practices that have continual growth in value. Maintaining detailed financial records with reports of all income, expenses, and revenues will maximize the value of ...

Understanding the Seller Notes Terminology in Veterinary Financing Deals

October 29, 2020
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In the last article, Dr. John Bryk explained buyer loan pre–approval, and this month I will explain how Veterinary Financing utilizes Seller Notes. Before I begin, I want to go ...

Broker Tip – Plan Ahead For Transition

October 14, 2020
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Practice owners wanting to quit work must plan ahead for their practice transition and/or practice sale a minimum of 3 years before quitting time. Buyers, especially corporate buyers, want sellers ...

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