We all teach and preach on all the items you should do to maximize your Practice Value when getting ready to sell your practice. Here are some things you should
Tag: selling your practice
How to Get Your Team in Place before Selling Your Veterinary Practice
If you are thinking of selling your practice in the next 3-5 years, now is the time to start the process! This will probably be the biggest asset you will
Understanding the Seller Notes Terminology in Veterinary Financing Deals
In the last article, Dr. John Bryk explained buyer loan pre–approval, and this month I will explain how Veterinary Financing utilizes Seller Notes. Before I begin, I want to go
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
Is Your Veterinary Practice a Corporate Consolidator Candidate?
In the growing community of corporate veterinary hospitals we often get asked what they are looking for in acquisitions. Many of these entities are targeting practices with a specific EBITDA,
Owning a Marketable Veterinary Practice
In this article, we are highlighting the most critical factors that make a practice stand out from all the rest. Undoubtedly, the number one factor that drives the sale
Selling Your Practice
By Dr. John Bryk Total Practice Solutions Group® (TPSG) are practice owners who understand the demands of veterinary medicine. We are part of a nationwide team providing not only brokerage
Broker Tips of the Month
For the Seller: Obtaining a market valuation or appraisal assures that sellers receive a fair value and buyers aren’t overpaying. Unrealistic expectations from a seller can lead to a practice
What happens when there is a buyer for my business?
When a buyer is sufficiently interested in your business, he or she will, or should, submit an offer in writing. This offer or proposal may have one or more contingencies.
What can I do to help sell my business?
A buyer will want up-to-date financial information. If you use accountants, you can work with them on making current information available. If you are using an attorney, make sure they