Jul 5, 2018 | Buying a Practice, Practice Value
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...
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Nov 18, 2016 | Buying a Practice, Selling a Practice
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...
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Jul 6, 2016 | Buying a Practice
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...
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Jun 3, 2016 | Buying a Practice, Practice Value, Selling a Practice
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...
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Jan 4, 2016 | Buying a Practice
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...
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Jan 5, 2015 | Buying a Practice, Selling a Practice
by: David F. King, DVM, CVA, Simmons Southcentral – We often read about and hear from others that rising educational debt means that no recent graduate can buy a veterinary practice. Fortunately this is just not the case. Student debt About 89% of the students...
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