What is The Basis for Practice Value? (Part I: Establishing Cash Flow)

– Doyle Watson, DVM, Simmons & Associates Southeast It continues to impress me the number of times I hear veterinary practice value being based solely upon some percentage of gross income. This concept is often suggested by some finance companies as well as veterinarians, but rarely by those who are familiar with business appraisal methodology. […]

What Determines Veterinary Practice Value?

– Dave Gerber, DVM, Simmons & Associates Northwest In reality there are many factors, both financial and other qualities that contribute to practice value. After all, the true value is simply what a willing buyer is willing to pay and those decisions are based on many, many things. Unfortunately, we still see practitioners, and even […]