Category Archives:
Results for "Business Valuation"
Broker Tip of the Month – August 2019
Be careful when entering into long term equipment leases before putting your practice up for sale. They can lower your cash flow and be a financial burden to your buyer. Tip by Dr. Kurt Liljeberg.
Giving Your Veterinary Facility A Facelift – What Should Your Priorities Be?
In preparing for an exit strategy for selling your business and Real Estate, we at TPSG, are commonly asked the question, “Should I do a facelift on the facility?” Does it make sense economically? In response to this question, your… Read More
Broker Tip of the Month – July 2019
Get regular valuations. Having a professional valuation done at least every three years lets you know your practice’s current value and what could be done to enhance it. Three years is also a good length of time to start planning… Read More
Broker Tip of the Month – March 2019
If you are considering selling your practice, but leasing the Real Estate to the buyer of the practice, it is important to determine what liens the Mortgage holder (if there is one) has on the practice. It is not uncommon… Read More
Broker Tip of the Month – December 2018
If you are looking to sell your practice or obtain a practice valuation in early 2019, send all your financial information to your CPA as early as you can so your business tax returns can be completed as soon as… Read More
Broker Tip of the Month – August 2018
If you are considering selling your practice within three years, seek advice from a professional sales broker before purchasing or leasing any new equipment. Tip by Dr. Len Jones
Broker Tip of the Month – June 2018
The best time to improve the value of your practice is now. Keep good financial records, report all of your income to maximize the value of your practice, keep your office and equipment well maintained, and continue to grow your… Read More
Broker Tip of the Month – March 2018
Do not comingle personal expenses with practice finances when contemplating a sale. Tip by Dr. Dave Davenport and Mr. Nick Elliston
Broker Tip of the Month – November 2017
Be sure when entering into new agreements for equipment, that you understand clearly if it is a true lease of the equipment, a rental of the equipment or a product usage agreement. The terms of these agreements and the payoffs,… Read More
Broker Tip of the Month – October 2017
TPSG’s solid relationships with practice and real estate lenders, as well as our experience and understanding of the veterinary practice industry, strengthens your chances of obtaining 80 to 100% of purchase price of the practice asset and 85% of the… Read More