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Category: Business Valuation


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

Posted on April 10, 2023 (April 27, 2023) by [email protected]

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

Posted in Business Valuation, Tip of the Month

Broker Tip – Timing Is Everything

Posted on August 29, 2022 by [email protected]

The corporate high purchasing price bubble is busting, so the quicker your sales broker works on your listing the better. Corporate Valuations peaked in the 4th quarter of 2021. So

Posted in Business Valuation, Corporate Sales, Seller Articles, Tip of the Month

Broker Tip – Valuation Timing

Posted on January 18, 2022 (February 7, 2022) by [email protected]

As we start a new year and with tax season being right around the corner, TPSG recommends that all practice owners seek to have an updated valuation done by an

Posted in Business Valuation, Seller Articles, Seller FAQ, Tip of the Month

Broker Tip – Why Do You Need A Valuation?

Posted on August 12, 2021 (January 6, 2022) by [email protected]

Why Do You Need A Valuation? A practice valuation determines Fair Market Value, the amount a buyer is willing to pay in the open market. A practice valuation determines Lending

Posted in Business Valuation, Buyer Articles, Buyer FAQ, Seller Articles, Seller FAQ, Tip of the MonthLeave a comment

Post-Pandemic Life for Veterinary Hospitals

Posted on May 25, 2021 (August 29, 2022) by [email protected]

Curbside service. An influx of people with more time on their hands to adopt new pets. Staff experiencing unheard-of levels of exhaustion. If you can relate to any of the

Posted in Business Valuation, NewsTagged Practice Acquisition, Veterinary Practice ProfitabilityLeave a comment

Broker Tip – Planning For Practice Sale

Posted on April 15, 2021 (January 6, 2022) by [email protected]

Doctors anticipating a career transition of a future practice sale should plan ahead by requesting a practice valuation at least three years before the sale, so if needed management improvements

Posted in Business Valuation, Seller Articles, Seller FAQ, Tip of the MonthLeave a comment

How to Build Team Morale

Posted on January 29, 2021 (December 1, 2021) by [email protected]

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

Posted in Business ValuationTagged news, Veterinary Practice ProfitabilityLeave a comment

Understanding the Seller Notes Terminology in Veterinary Financing Deals

Posted on October 29, 2020 (August 29, 2022) by [email protected]

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

Posted in Business Valuation, Seller ArticlesTagged selling a vet office, Selling a Veterinary Practice, selling your practiceLeave a comment

Broker Tip – Simple And Clear Tax Returns

Posted on September 15, 2020 by [email protected]

Owners anticipating a practice sale within three years need to have simple and clear tax returns, so the buyer does not see taxable income low from non-operating expenses. If low

Posted in Business Valuation, Seller Articles, Seller FAQ, Tip of the MonthLeave a comment

Broker Tip – Obtain Regular Professional Valuations

Posted on August 13, 2020 by [email protected]

Owners should obtain 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.

Posted in Business Valuation, Seller Articles, Seller FAQ, Tip of the MonthLeave a comment
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