Do not comingle personal expenses with practice finances when contemplating a sale. Tip by Dr. Dave Davenport and Mr. Nick Elliston
Category: Seller FAQ
Broker Tip of the Month – January 2018
Practice sales, even to corporations, are negotiable transactions. Commonly brokers are able to obtain a higher sale price offer, even from corporations. A broker may explain an increased earnings calculation
Broker Tip of the Month – December 2017
Many Sellers are being approached by Corporate Buyers and should have a professional, such as a Broker, to guide them through the process. The Brokers at TPSG are experts in
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
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
Broker Tip of the Month – September 2017
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
Broker Tip of the Month – July 2017
It is important to remember the capitalization rate is at the discretion of the evaluator. Important factors that determine one’s rate are location, growth of revenue stream, ability to transfer
Broker Tip of the Month – June 2017
Sellers sometimes assume a sale should be a simple do it yourself project, but after a sale closing, they realize a broker valuation to maximize sale price and a broker’s
Broker Tip of the Month – April 2017
Many Sellers are being approached by Corporate Buyers and should have a professional, such as a Broker, to guide them through the process. The Brokers at TPSG are experts in
Broker Tip of the Month – March 2017
Many buyers today are cautious about buying a practice that is seeing its own emergencies. Most buyers do not want that burden on their lifestyle. When preparing to sell, it