Finance
How Much Profit Is Enough?
How you spend excess money is your decision, not your adviser’s, but make sure you set goals and have a path to attain them.
Finance
The Whole Picture
A cash stockpile can leave you with a false sense of security if you fail to scrutinize all the systems that keep your practice humming.
Finance
How Uncertainty Affects Valuations
Buyers of veterinary hospitals prize the stability of earnings over time and the seller’s ability to successfully deliver goodwill.
Practice Management
Aspire to Hire
Adding another veterinarian to a busy practice frees up time for you and other doctors to get more done on and away from the job.
Finance
The Value of Waiting
Should you sell your veterinary practice while prices are high, or does a better option exist?
Finance
Should you buy a no-lo practice?
Don’t automatically rule out a profit-challenged hospital. The problems, from a less-involved owner to poor inventory controls, might be easily correctable.
Finance
What are you buying exactly?
If you’re considering veterinary practice ownership, learn the differences between an equity purchase and an asset purchase.