The process of determining the value of a veterinary practice is as complex and involved as running the practice itself. The final price is based upon factors affecting vet practice value that go far beyond the obvious revenue and profit numbers. A true valuation is determined by several factors, which we will discuss in this…

A good veterinarian does not jump to conclusions. They gather data, observe patterns, ask the right questions, perform the appropriate tests, and then make what we can safely refer to as objective determinations or data-based assumptions, one or the other. Figuring out the value of a veterinary practice works in much the same way. If…

A veterinarian usually does not sign up for the entrepreneurial duties, which they end up, more often than not, doing more than actually practicing medicine. Whether or not they like it is entirely subjective, but most times, it becomes a driving factor to sell the practice. It’s a deeply personal choice. And for someone who’s…

Sentimental value only plays a minimal role for a buyer. Before you enter the market and try to sell your veterinary clinic, you need a real, accurate valuation. Owners often find themselves at the extremes of a spectrum, either underestimating or overestimating the value of their practice. In this guide, we’ll break down what actually…

Selling a vet practice is often the right thing to do for someone wanting to move on to new ventures, free up their time, or get enough finances in the bank for retirement. However, many owners aren’t extremely familiar with the whole idea of selling a veterinary practice. They tend to know how to run…