As a practice transition specialist, I am often asked, “Is now a good time to sell my practice?” While there are many factors involved in making this decision, the short answer is YES. Here are a few reasons… High …
Will your lease ALLOW you to get credit from vendors to lease or purchase equipment and supplies? Your landlord has defaulted on the mortgage and your building goes into foreclosure. YOUR lease has options which keep you financially fit. Your …
We will create the best transition plan for your specific practice. The most successful businesses always have a plan. Working with you and your financials, we will create a customized plan for your practice which will clearly define and set …
#1 Clean up your profit and loss statement and file your taxes. Buyers and sellers get nervous when they see discrepancies that cannot be explained. Therefore, failure to have a clean profit and loss statement may result in a lower …
It’s Never Too Early to Start Planning Your Transition As practice brokers, we are frequently contacted by Veterinarians who have an immediate need to sell their practices due to retirement, disability, etc. After meeting with the doctor and reviewing the …
Selling a Veterinary Practice is a Complicated Process. Don’t go it alone. Selling a veterinary practice is a complicated process that involves numerous steps including determining the market value of your practice, finding the right buyer, negotiating the purchase price, …
Many owners that I talk with believe that their paycheck is what is left over after paying all the bills. I do not feel this is a good or accurate way to pay yourself if you are the owner. There …