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Category: Tip of the Month


Broker Tip – Preparing Early For Year End & The New Year

Posted on September 12, 2023 by [email protected]

If you are an owner, as you head into fourth quarter of 2023, we recommend you start now to make sure you are ready for a busy end of year

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

Broker Tip – Importance of Good Credit Scores for Buyers

Posted on May 4, 2023 (May 4, 2023) by [email protected]

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

Posted in Blog, Tip of the Month

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 – Interest Rates Should Not Deter Buyers

Posted on March 8, 2023 by [email protected]

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

Posted in Buyer Articles, Buyer FAQ, Tip of the Month

Broker Tip – Importance of Physical Plant

Posted on February 6, 2023 by [email protected]

Many times owners that are considering selling are so focused on the financials and the numbers on the practice they forget to consider their physical plant. It is important, as

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

Broker Tip – Increasing Selectivity of Private Equity Buyers

Posted on January 11, 2023 (January 11, 2023) by [email protected]

The number of corporate buyers decreased in 2022. As a result, private equity buyers are very selective regarding the size and location of the practice and are paying decreased multiples.

Posted in Corporate Sales, Seller Articles, Seller FAQ, Tip of the Month

Broker Tip – Corporate Offers Moving Away from 100% Cash At Close

Posted on December 12, 2022 by [email protected]

In 2022, sellers will experience a change in corporate offers. Private equity companies see a severe problem replacing the seller’s income stream; therefore, 100% cash at closing is shifting to

Posted in Corporate Sales, Seller Articles, Seller FAQ, Tip of the Month

Broker Tip – Changing Market Conditions and Value of an Experienced Broker

Posted on November 16, 2022 by [email protected]

With the current veterinary practice market conditions and the decline of corporate consolidators, an experienced Broker is more valuable than ever. If you are considering selling in the future, please

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

Broker Tip – Rising Interest Rates

Posted on October 3, 2022 (October 12, 2022) by developer2

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

Posted in Buyer Articles, Buyer FAQ, Tip of the Month

Broker Tip – Corporate Sales Market Update

Posted on September 22, 2022 by [email protected]

Please be aware the corporation bubble has broken and corporate buyers are now lowering their multiples. Corporates are becoming more cautious on deals including deals being contingent on associates continuing

Posted in Corporate Sales, Seller Articles, Seller FAQ, Tip of the Month
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