Selling a practice in today’s climate is not what it was just five years ago. Not only is there a lot of noise in the profession regarding how to determine...
How can the “perfect” veterinary practice have little to no value?
A practice is grossing say $1.5M, offers quality service and medicine, high single-digit growth, primo demographics, and all the bells and whistles—the perfect veterinary practice, except for one key ingredient—profitability!...
It is that time of year when many people assess their personal and professional lives and expectations, set goals for the future, and decide what to focus on to be...
When you’re the first to develop a successful system in your field that’s proven time and time again, the industry is bound to follow. When Simmons & Associates opened the...
Practice Valuations: Is It Time for a Paradigm Change?
by Doyle Watson, DVM | Co-founder and CEO, Simmons & Associates, Inc. Has the time come when we, as veterinary practice appraisers and brokers, should reconsider the parameters of fair...
COVID19 Veterinary Practice Value Impact – The Times They Are A-Changin’…Maybe.
Doyle Watson, DVMSimmons Southeast The value of something we wish to own is typically based upon the future benefit we expect from owning it. We can expect no benefit from...