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.

Finance

Financial Disclosures

Sharing details about your veterinary practice’s performance builds trust in your employees and can help make your business even more successful.

Practice Ownership

Manage your expectations

A 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.

Finance

Be a number cruncher

Analyzing income-to-expense ratios will help unlock profits. A detailed chart of accounts and benchmark reports are good starting places.

Practice Ownership

Your Fair Share

How veterinary hospital owners are paid — and how much — depends on the responsibilities they hold and the budgets and policies that are in place.

Practice Ownership

A place to call your own

Starting a veterinary practice represents a major investment that will reshape your entire professional career and your personal life.

Finance

Think twice

Before you put more money into your practice, evaluate how quickly the investment will contribute to the bottom line.

Finance

When selling to an associate makes sense

When an associate veterinarian buys the practice, the seller usually has a greater ability to negotiate the most important benefits.

Finance

The real deal

Getting a good deal for your hospital involves more than just the sales price. The sales terms could have an impact on your personal finances and lifestyle for years afterward.

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