5 Steps to Getting Off the Fence and Into Practice Ownership
There is a trope in comedic television shows and films fondly called “the lookie-loo.” The lookie-loo is the man who goes to the car dealership every weekend to look at his dream car. He talks to a salesperson, circles the car to admire its style and features, goes out for a test drive, but, when […]
Ownership & Buying a Veterinary Practice
This article was co-authored by Sherry Everhart, CVT, CMA and David King, DVM, CVA. As a veterinarian in private practice, you essentially have two choices: work for someone else or work for yourself. While ownership provides the opportunity for greater reward, it also comes with a greater responsibility and a greater risk. Why Buy a […]
Trust the Leader in Veterinary Practice Sales
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 first national (now international) veterinary practice brokerage firm in 1977, we knew that our success would spawn competition. But we continued to look forward into […]
Why Now Is an Optimal Time To Buy a Veterinary Practice
Call us crazy but a downturn in the market is the perfect time to take the leap of faith and buy a veterinary practice. Here’s why! Stop here. Close your eyes. The year is 2007. Some of you might have been just starting your career in veterinary medicine, and others may have been too young […]
Reasons for Practice Ownership in Under 5 Minutes
What are the advantages of veterinary practice ownership? Should you buy a veterinary practice? Dr. Byron Farquer, DVM, CVA explains the financial benefits that accrue through ownership. Buying a Veterinary Practice can be a frightening undertaking, but it doesn’t have to be! Simmons Inc. has been helping veterinarians purchase practices for over 45 years, and […]
Buying a Veterinary Practice – What You Need to Know
If autonomy, directing a small team, and having prospects for affluence is essential to you, then owning your own veterinary practice may be the right choice. But, buying a veterinary practice doesn’t have to be a shot in the dark. This article highlights the most common misconceptions and misunderstandings we’ve heard over the last 45+ years. […]
Veterinary Practice Visit Checklist
At Simmons, we realize that a veterinary practice visit can be exciting and sometimes overwhelming. We have compiled a checklist of items you will want to take note of while in the practice and the community. PDF of the Veterinary Practice Visit Checklist We do ask that all financial questions and discussions of price & […]
What to Know When Reconsidering Veterinary Practice Ownership
By: Nikki Nitz, CPA, CMA – Simmons Northwest & Simmons Midwest A common theme heard from potential clients is, “I just want to be a doctor and practice medicine. I don’t want to deal with all the management headaches anymore.” Can you relate? Are you reconsidering veterinary practice ownership? Let’s look at the causes of […]
The Pathway to Veterinary Practice Ownership With a Degree and Student Debt
David King, DVM, CVA – Simmons Southcentral In the past, the recently graduated DVM had several options when deciding on a career path. Most of the time, the path led to practice ownership, but that may not be the case now. The reasons may include a fear of taking on even more debt, watching a […]
How to Buy a Fixer-Upper Veterinary Practice
It’s tough out there for today’s veterinary practice buyers. A few new investors or corporate consolidators call every year looking to spend way too much money on 2+ doctor practices. So how can you — the young, ambitious associate — compete for 2+ doctor practices? You can’t unless you get lucky enough to find a […]
