When working with a corporate buyer, there are many things to consider other than sales price. Be sure to consult a professional like TPSG to secure a suitable long-term lease.
Category: Seller Articles
Broker Tip of the Month – November 2019
As a Practice owner, when you lease equipment from a vendor, be aware that the vendor files a UCC document. This is just like a lien. When you pay these
What is Affecting Your Veterinary Practice’s Profitability?
There are 4 major categories of expenses that are driving your veterinary practice’s bottom line. These are Cost of Goods, Cost of Staff, Cost of Occupancy, and Cost of Veterinary
Broker Tip of the Month – October 2019
Go Hybrid! Owners who qualify to sell corporate may not have to decide between a private or corporate buyer. With Hybrid Sales, associates can partner with the corporation. Tip by Dr.
Is Your Veterinary Practice Client Services Technology Up-to-Date?
A veterinary practice must be ever-changing if it’s going to keep pace with client expectations. This applies to both medical technology – which must include, at the very least, the
Broker Tip of the Month – September 2019
Sellers should avoid huge inventory counts at closing. In a well-managed practice, there should be no more than two weeks supply of inventory. Next-day shipping and computer tracking software eliminate
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.
Eight Myths Surrounding the Buying and Selling of a Veterinary Practice
As we talk to buyers and sellers, we continually clear up misconceptions around the buying and selling of veterinary practices. In this short article we tackle four buyer-side and four
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
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