by omniadminApril 3, 2022 Associate Articles, Buyer Articles, Practice Management, Practice Sales0 comments
Interview Questions for Every Veterinary Practice Role
Businesses across the country are struggling with staffing issues and the veterinary world is NO exception. During the pre-pandemic years finding great staff was a challenge, but since the pandemic began finding and retaining great staff has become a tumultuous experience. What follows are some interview questions that have helped veterinarians and their office managers sift through potential...Read MoreOvercoming the Mental Hurdles of Owning your own Veterinary Practice
By Rod Johnston, MBA, CMA Perhaps, you are a few years out of school with DVM credentials under your belt. Maybe you have been working as an Associate Vet and your confidence has grown to the point where you’re ready to take the next step with your career – owning your own practice. However, the mindset of this prospect can seem overwhelming and daunting. Most of your schooling has trained...Read MoreGoodwill in Dental Practice Value
By Rod Johnston, MBA, CMA As many of you know, in the purchase of dental practices, typically the biggest contributor in determining the purchase price is “Goodwill”. However, are you aware of the aspects that make up Goodwill? Of course, it includes the patients and the reputation of both the business and the selling dentist. But it’s also based on patient retention, which is the practice’s...Read MoreSettling Liens Prior to Listing Your Practice
By Jen Bennett, Omni Practice Group In preparation for listing your practice, there are several steps to consider, but one important step that is often overlooked is settling any outstanding liens against your practice. As you know, “A lien is a claim or legal right against assets that are typically used as collateral to satisfy a debt. A creditor or a legal judgment could establish a lien. A...Read Moreby omniadminMarch 14, 2022 Practice Sales, Seller Articles, Selling a Practice, Using a Professional0 comments
