Posts by Author: Melani Seymour

Veterinary Practice Goodwill in 2026: What It Is and How It’s Valued Key takeaways Goodwill is everything your practice is worth above its hard assets — the intangible residual after equipment and inventory are accounted for, captured by the formula Goodwill equals Purchase Price minus Assets minus Liabilities. Goodwill is usually the biggest part of…

Veterinary Practice Non-Compete Agreement: A 2026 Seller’s Guide Key takeaways Every practice sale has a non-compete — the buyer is paying for goodwill, and the covenant is the only thing that keeps you from reopening down the road and taking the clients back. The money allocated to your non-compete is taxed as ordinary income, not…

Veterinary Practice Earnout, Seller Notes & Rollover Equity in 2026 Key takeaways The headline price is rarely the cash check. A veterinary practice earnout, a seller note, and rollover equity are the three ways a buyer pays you later instead of now, and each carries a different risk you take on for the privilege. Fewer…

Asset Sale vs. Stock Sale for a Veterinary Practice: A 2026 Structure Guide Key takeaways Almost every full veterinary practice sale is an asset sale — the buyer buys the assets into a new entity and leaves your old entity and its liabilities behind. A stock sale is usually reserved for partial buy-ins of less…

Selling a Veterinary Practice to an Associate: The 2026 Buy-In Guide Key takeaways Selling a veterinary practice to an associate is the internal path — a phased buy-in where the doctor who already works for you becomes the doctor who owns it, usually over years rather than in one closing. The associate almost always pays…