As I sit here with writer’s cramp, I began to ponder messages that owners and associates may want to hear and consider going into 2019 and beyond. Buyers still available Although the swarm of corporate invaders continues to grow almost exponentially, there are many,... Read more
By: Jim Stephenson, DVM, CBA and Joe Stephenson, MA – Simmons Northeast It’s tough out there for veterinary practice buyers today. Every year a few new investors and/or corporate consolidators call me looking to spend way too much money on 2+ doctor practices. So how... Read more
Nikki Nitz, CPA, CMA Simmons Northwest Who Can Afford to Buy We get asked regularly, “Are there buyers who can afford to buy?” The quick answer is YES! When a practice is priced fairly the profits of the practice cover the debt payments the buyer needs to make as well... Read more
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... Read more
Byron Farquer, DVM, AVA Simmons Pacific | Simmons Southwest – I have little or no money for a down payment; can I still buy a practice? Zero to 5% down is an achievable arrangement, so not having a down payment is not the biggest hurdle in purchasing a... Read more
David King, DVM, Simmons Southcentral – One of my heroes of history, Theodore Roosevelt, once said “Speak softly but carry a big stick” and I liken that somewhat to practice ownership. There is just no substitute for carrying that ‘Big... Read more
The new 3rd edition expands and amends the sold out 2nd edition. Written by the experts at Simmons, this book is aimed at helping veterinarians better understand the intricacies of veterinary practice sales, valuations and ownership.