Whether you have owned your veterinary practice for 40 years, or owned it for 5 years, selling your practice does not mean you are done practicing. We often meet with doctors who are sick and tired of managing their staff, doing the bookkeeping, playing the games with the government agencies, dealing with the ups and downs of the economy, changing environment of the profession and on and...Read More
Our preferred strategy to maximize practice value and reduce the stress and time required to sell a veterinary practice involves addressing common issues that buyers are focused on before the practice is placed on the market.
In this article, we will review the practice attributes that today’s buyers are paying close attention to – their “Hot Buttons”- as well as our recommendations on how to...Read More
I meet over 100 veterinarians each year who are looking to buy an existing veterinary practice. Of those, I would estimate that 40% have not done any research on what is involved in buying a practice. Of the other 60%, very few of them know the beginning to end process of buying a practice. They don’t teach you how to buy a practice in veterinary school, so we don’t expect you to know...Read More
Often times, veterinarians are so caught up in their day-to-day grind of running a veterinarian practice that they do not have enough time to figure out their exit strategy. You do everything from manage the staff to negotiate a new lease and, oh yeah, you also perform clinical work in between. You are just too busy to even think about your transition to a more controlled life style....Read More
Our preferred strategy to maximize practice value and reduce the stress and time required to sell a veterinary practice involves addressing common issues that buyers are focused on before the practice is placed on the market.
In this article, we will review the practice attributes that today’s buyers are paying close attention to – their “Hot Buttons”- as well as our recommendations on how to...Read More
