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Category: Blog


How To Increase the Profitability of Your Veterinary Practice

Posted on September 8, 2023 by developer2

Do you run a veterinary practice? If so, you may wonder, “What is a good profit margin for a veterinary practice?” Total Practice Solutions Group specializes in maximizing a veterinary

Posted in Blog

Risk Assessment When Acquiring a Veterinary Practice

Posted on July 27, 2023 (July 27, 2023) by developer2

Buying any business requires due diligence to ensure you know exactly what you’re purchasing and know the enterprise’s business, health, and safety risks. Risk assessments in veterinary practice are especially

Posted in Blog

Broker Tip – Exit Strategy Prep Tips

Posted on July 11, 2023 (July 11, 2023) by [email protected]

Whether your exit strategy is one or three years away, here are four tips to consider: Don’t renew or sign any agreements or leases! Some agreements are not transferable, and leases

Posted in Blog

Why Should I Buy a Veterinary Practice Rather Than Start One?

Posted on June 26, 2023 (June 27, 2023) by developer2

So, which is better: buying a veterinary practice or starting one? How much does it cost to start a veterinary practice? You’ll have a ton of factors to think about

Posted in Blog

Is A Joint Venture for You?

Posted on June 9, 2023 (June 14, 2023) by developer2

When selling your practice to a Private Equity Corporation, you will be faced with a choice. Do you sell 100% ownership and become an employee or do you retain a

Posted in Blog

Broker Tip – Control Expenses & Maximize Practice Sale Value

Posted on June 4, 2023 (July 11, 2023) by [email protected]

Practice value is mostly based on practice net cash flow or EBITDA. That number is determined by a broker valuation to exclude non-operating expenses and non-cash expenses. To increase practice

Posted in Blog

What’s the Difference Between Veterinary Practice Brokers and Advisors?

Posted on May 31, 2023 by developer2

Veterinarians know how to take care of animals, but the nature of their practice means that they may run into trouble when trying to sell their clinic. Veterinary practice brokers

Posted in Blog

The Benefits of Choosing a Broker Over an Advisor

Posted on May 30, 2023 by developer

The Benefits of Choosing a Broker Over an Advisor When it comes to navigating the world of veterinary practice sales, it’s important to differentiate between practice brokers and practice advisors.

Posted in Blog

Ensuring a Healthy Credit Profile in 10 Easy Steps

Posted on May 11, 2023 by developer

You’ve finally decided it’s time to start your own veterinary practice, and of course, you’ll need to secure financing. Let’s say you’re still in significant debt from your student loan.

Posted in Blog

Broker Tip – Importance of Good Credit Scores for Buyers

Posted on May 4, 2023 (May 4, 2023) by [email protected]

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

Posted in Blog, Tip of the Month
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