Blog

WHY YOU MAY WANT TO CONSIDER A PRACTICE SALE IN 2019

Happy New Year!  We hope that 2018 was full of health and happiness.  We helped many veterinarians buy, sell, or start a new practice.  Those that sold are now free from their duties of managing a practice.  They no longer have to do their books, manage staff, clean toilets, or do whatever most business owners have to do.  I speak from experience as I am a business owner and do all those...Read More

Why You May Want to Consider a Practice Sale in 2019

​Happy New Year!  We hope that 2018 was full of health and happiness.  We helped over 60 doctors buy, sell or start a new practice.  Those that sold are now free from their duties of managing a practice.  They no longer have to do their books, manage staff, clean toilets, or do whatever most business owners have to do.  I speak from experience as I am a business owner and do all those...Read More

Happy New and Improved Year

Happy New Year!  Is this the year you finally take the plunge and buy your own practice?  Or are you content with being an associate working for someone else?  Here are a few reasons why 2019 should be the year you become a practice owner: Interest rates are starting to move up. The past few years have rewarded buyers with interest rates in the 4% to 5% range and some with as low as...Read More

10 Pitfalls to Avoid in Your Transition

Making just one of these mistakes may cost you hundreds of thousands of dollars. Ensuring you have a successful transition involves preparation and knowledge.  There are numerous things you should do to make sure your practice is ready to sell.  There are also several things you need to avoid in order to make your transition successful.  Here are a few pitfalls to make sure to avoid: Letting...Read More

5 Things to Consider When Purchasing a Practice

Congratulations!  You’ve finished 2018, another year as a veterinarian.  You’ve gained more experience as both a veterinarian with clinical skills as well as observing a practice in operation.  We hear general rules of thumb about how many years you should have under your belt before you own a practice.  Typically, the number is five years.  We’ve seen in practice that the number really...Read More