As an Associate considering buying a practice, do not just consider the increase in salary as an owner as the major benefit. More importantly, consider the long-term benefits of the
Category: Buyer Articles
Broker Tip – Importance of Good Credit Scores for Buyers
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
Broker Tip – Interest Rates Should Not Deter Buyers
BUYERS!!!!! Don’t let today’s interest rates hold you back from pursuing your dream of owning your own veterinary practice! Let us show you how to realize your dreams of practice
Broker Tip – Rising Interest Rates
As the market shifts to higher interest rates in all aspects of purchasing, be aware of how it affects you as buyer. Specifically when purchasing a veterinary clinic; there are
Broker Tip – Why Do You Need A Valuation?
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
Considering Practice Ownership in the Modern Market
Just like with home ownership, young veterinarians are walking into a completely different market than even the previous generation saw upon graduating from vet school. Nowadays, the ability to buy
How the Pros Outweigh the Cons of Veterinary Practice Ownership
Many veterinarians who start to consider buying a veterinary practice hesitate because they worry that owning a practice will draw their focus too far away from veterinary medicine. While it
Navigating the Maze of Corporate Veterinary Buyers
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.
10 Things to Know When Buying a Veterinary Practice
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
The Nuances of Veterinary Financing and Buyer Pre-Approval
With interest rates at an all-time low, it is a great time to buy a practice. In this article, I will explain what is expected of a buyer before their