These days, practice computer systems contain a wealth of data – client names, addresses, financial information, pet medical records, lab reports, etc. Also, many practices have a direct internet connection for software updates, lab results, VIN, emailing... Read more
Byron Farquer, DVM, AVA Simmons Pacific & Southwest Inventory is the second largest expense in the veterinary practice, next to the cost of labor. It often consumes 20% or more of gross revenue and, left unchecked may swell to considerably more. Profitability... Read more
An Estate Action Plan for Your Veterinary Practice “In Case of My Death…” We at Simmons have witnessed many viable and valuable practice assets diminish upon the death of the practice owner because the family was unable or unprepared to manage the... Read more
Byron Farquer, DVM, AVA Simmons Pacific – Economics 101. What a misnomer. It implies that there is something meaningful achieved by completing a few weeks of study or a syllabus regarding general information surrounding supply/demand issues or the monetary... Read more
As a future or current owner, looking at a veterinary practice from a valuator’s perspective will enhance your chances of financial success during all stages of ownership. Thirteen assessment factors have been identified by the VetPartners Veterinary Valuations... 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.