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
Broker Tip – Valuation Timing
Category: Seller FAQ
Broker Tip – Real Estate/Facility Fair Market Value Rent
If practice transition or future veterinary practice sale is part of your short-term plans, and you own the real estate/facility, please update your rent value, even if your accountant is
Broker Tip – Production Reporting Is Important
When considering selling your practice, tracking production is very important, even in a 1 DVM practice. Having at least three years of accurate production before listing your practice gives potential
Broker Tip – Factors To Consider When Selling Your Practice
The sales price is just one of many important factors to consider when selling your practice. Terms, stock options, partnerships, and earn-outs are equally as crucial. Tip by Dr. John Bryk and Dr.
How Long Will It Take To Sell My Practice?
This is one of the most common questions we get as Brokers. The answer has a lot of variables, but is important for Doctors to plan for their exit from
Broker Tip – Advice for Solo Doctors
It is important for Solo Doctor practice owners to know that current buyers in the market are mostly looking for 1.5 to 2 Doctor practices. As they develop their exit
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
Broker Tip – Equipment Leases
TPSG recommends that owners do not sign any new five year equipment leases if you are getting ready to put your practice on the market. The offer may be tempting
Broker Tip – Planning for Career Transition or Retirement
Doctors considering a career transition or retirement must plan 3-5 years ahead of time before selling their practice. This will allow time to make any required changes to increase profitability.
Broker Tip – Planning For Practice Sale
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