Seller Articles

The Short List Before Selling Your Veterinary Practice

There are many steps to selling your veterinary practice and your trusted advisors are here to help. Right now, we want to address just a few items that many veterinarians don’t think about and that can lead to surprises. Contact your CPA and/or Financial Planner regarding the following items: Are you financially prepared to retire? Your transition specialist (broker) can assist you in...Read More

The Short List Before Selling Your Dental Practice

by Megan Urban, Practice Transition Advisor, Omni Practice Group There are many steps to selling your practice and your trusted advisors are here to help. Right now, I want to address just a few items that many dentists don’t think about and that can lead to surprises. Contact your CPA and/or Financial Planner regarding the following items: Are you financially prepared to retire? Your...Read More

Veterinary Partnerships

Veterinary partnerships can be great or not-so-great. They can include different scenarios: buying a partnership, adding a partner to your existing practice, or a start-up partnership. To ensure you have the best outcome, financially and emotionally, you’ll need to consider some important questions. Are you friends, relatives, or colleagues with the people whom you are considering entering...Read More

Dental Partnerships

By Megan Urban, Practice Transition Consultant, Omni Practice Group Dental partnerships can be great or not-so-great. They can include different scenarios: buying a partnership, adding a partner to your existing dental practice, or a start-up partnership. To ensure you have the best outcome, financially and emotionally, you’ll need to consider some important questions. Are you friends,...Read More

Settling Credits Before Listing Your Practice

You’ve made the decision to sell your practice, and with that comes the to-do list of tasks that can often feel daunting. One important task that is often overlooked is settling patient credit balances. What are credit balances and where do they come from? In many cases, a patient will have a credit on their account when their insurance pays more toward their treatment than anticipated or you...Read More

Settling Credits Before Listing Your Practice

By Jen Bennett, Practice Transition Specialist You’ve made the decision to sell your practice, and with that comes the to-do list of tasks that can often feel daunting. One important task that is often overlooked is settling patient credit balances. What are credit balances and where do they come from? In many cases, a patient will have a credit on their account when their insurance pays more...Read More

Entrepreneurial Energy

By Corey Young, MBA, Practice Transition Specialist   What defines entrepreneurial energy? According to David Lyons PhD, “Entrepreneurial energy is the force that sustains the momentum and velocity of progression in the venture. Energy can rise through excitation/agitation and fall through decay of the energy as a result of predicaments or failures. Entrepreneurial energy is an endogenous...Read More

Entrepreneurial Energy

By Corey Young, DDS, MBA, Practice Transition Specialist   What defines entrepreneurial energy? According to David Lyons, PhD: “Entrepreneurial energy is the force that sustains the momentum and velocity of progression in the venture. Energy can rise through excitation/agitation and fall through decay of the energy as a result of predicaments or failures. Entrepreneurial energy is an...Read More

Are You Ready to Sell?

Are you ready to sell your veterinary practice? This is always a difficult question to answer for most veterinarians. You may still love practicing but want less stress. How is your body holding up? Do you have enough money to retire? How much is your practice worth? Contact your transition consultant/broker and have a heart-to-heart about your practice, goals, and options. We have lots of...Read More

Are You Ready to Sell?

Are you ready to sell your veterinary practice? This is always a difficult question to answer for most veterinarians. You may still love practicing but want less stress. How is your body holding up? Do you have enough money to retire? How much is your practice worth? Contact your transition consultant/broker and have a heart-to-heart about your practice, goals, and options. We have lots of...Read More