Selling Your Veterinary Practice – Private vs Corporate

By, David King, DVM, CVA, Simmons Southcentral – Download PDF of article: Selling Your Veterinary Practice – Private vs Corporate Just like just about anything in life, deciding to sell a veterinary practice can be made easier with a little knowledge and a little planning. Knowing your options along with the pros and cons of each […]

Laboratory Service Agreements – Know the nuances behind your signature

Written by: Doyle Watson, DVM, Simmons  Southeast – The great majority of today’s small animal practices operate their lab services with an out-sourcing company under a formal service agreement. Unfortunately for many however, we see that the practice signatory is often unaware of the ingredients of the contract and the significance of their signature. It is […]

Exit Planning – 10 Things Not To Do!

While every veterinary practice ownership transaction is different, after over 100 successful transactions we have noticed a few common pitfalls and traps for the owner/seller. Whether your exit is imminent or 15+ years from now, here are a few to watch out for on your path forward, a list of what not to do. Give […]

Improving Veterinary Practice Value at the Employee Hiring Stage

Jim Connelly, CEO and Founder of Org Ex, uses the science of human behavior to assist business owners with their hiring decisions. Mr. Connelly has conducted over 2,000 behavior based interviews which are interviews designed to predict the future behavior of an applicant based on their past behavior. The interview techniques are commonly used by […]

Veterinary Practice Profitability Trends and Tips

By: Kirsten Poppen, JD, CVA, Simmons Midwest – You’re proud of your practice and with good reason. You have an attractive facility, a well-trained staff, newer equipment, and a solid client base. Overall, yours is a comprehensive, client-oriented practice. Yet perhaps you have concerns that your bottom line profits aren’t where you’d like them to […]

Is Veterinary Practice Ownership For You?

David McCormick, MS & Sherry Everhart BS, RVT –  For many veterinarians, the thought of being your own boss is quite appealing. This can be especially true depending on your current employment arrangement. Thoughts of making the rules and key decisions, practicing medicine your way, leading the charge, increasing your earning capability and so on, can be […]

Should I Let the Buyer Work in the Practice Before the Sale?

Once a buyer and seller have agreed on a price, they are both eager to finalize the sale. Each party is ready to begin a new life. This makes the buyer extremely eager to begin working in the practice. Sometimes, the seller is happy to have the buyer help run the practice. However, there are […]