Broker Tip of the Month – October 2016

Practice sale value and buyer financing may be decreased or denied, if practice tax returns include non-veterinary expenses. Buyers and banks are reluctant to rely on tax returns that have other expenses listed and/or blended with veterinary expenses. The solution is to have at least 3 years of presale tax returns that include only business expenses of the practice, even if taxes paid or CPA costs increase.

Buyer Notification Newsletter Signup