Doyle Watson, DVM Simmons Southeast – Some advisors recommend selling the practice to an associate in small increments — maybe 5-10% annually, until some point when the remainder is sold as a block, maybe a full partnership interest at one time to remain... Read more
David King, DVM CVA – Simmons Southcentral Dave Gerber, DVM CVA – Simmons Northwest Ownership‘s “Big Stick One of my heroes of history, Theodore Roosevelt, once said “Speak softly but carry a big stick” and I liken that somewhat to... Read more
Nikki Nitz, CPA, CMA Simmons Northwest For a PDF of this aricle, click here Rich Owner Poor Owner – Nikki Nitz-Quenette, Simmons Northwest By recommendation of a mentor I just read Rich Dad Poor Dad by Robert T. Kiyosaki. As I read through the book I could... Read more
David B. Gerber, DVM Simmons Northwest Larry McCormick, DVM, MBA, CBA Simmons Mid Atlantic Not long ago, a 70-year old owner of a $1.5 M grossing practice said to me that he was thinking of selling his veterinary practice to an associate, hopefully within the next six... Read more
David B. Gerber, DVM, BA Simmons Northwest Larry McCormick, DVM, MBA, CBA Simmons Mid-Atlantic Over the past several years practice appraisers and brokers have become aware of a growing and disturbing phenomenon in our profession. There has been an increase in the... Read more
Q&A with Larry McCormick, DVM MBA Simmons Mid-Atlantic Simmons Great Lakes Q: Is a formal practice valuation important? I prefer to negotiate the lowest price I can from the seller without going to the expense of performing a practice valuation. A: Short answer... 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.