FinanceWho Ya Gonna Call?Selling a practice isn’t a do-it-yourself endeavor.FinanceHow Uncertainty Affects ValuationsBuyers of veterinary hospitals prize the stability of earnings over time and the seller’s ability to successfully deliver goodwill.Practice ManagementAspire to HireAdding another veterinarian to a busy practice frees up time for you and other doctors to get more done on and away from the job.FinanceThe Value of WaitingShould you sell your veterinary practice while prices are high, or does a better option exist?FinanceShould 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.FinanceWhat are you buying exactly?If you’re considering veterinary practice ownership, learn the differences between an equity purchase and an asset purchase.FinanceFinancial DisclosuresSharing details about your veterinary practice’s performance builds trust in your employees and can help make your business even more successful.Practice OwnershipManage your expectationsA variety of factors helps determine what your practice is worth and what a buyer is prepared to pay. The market today isn’t all about consolidators.FinanceBe a number cruncherAnalyzing income-to-expense ratios will help unlock profits. A detailed chart of accounts and benchmark reports are good starting places.Practice OwnershipYour Fair ShareHow veterinary hospital owners are paid — and how much — depends on the responsibilities they hold and the budgets and policies that are in place.Page 2 of 3123