The Worth of Buying a Practice
Is it worth it for veterinary practice associates to buy a practice? Simmons & Associates, Sean Coyle, breaks down the dollars and cents of owning a practice versus continuing to work as an associate veterinarian. Are you an associate interested in buying a veterinary practice? Contact us to start your journey and find your freedom!
Don’t Be Caught Off Guard
When you’re ready to retire, will you be retirement ready? You don’t have to be caught off guard. Learn the five steps you can take now to position you for a successful sale.
$15,000 Awarded to Virginia – Maryland College of Veterinary Medicine Student
Simmons Educational Fund – Committed to Investing in the Next Generation of Veterinarians The Simmons Educational Fund (SEF) honored Sara Beth Dodson, a student at the Virginia – Maryland College of Veterinary Medicine, with the prestigious SEF National Business Aptitude Award. Sara was selected as the SEF’s 2019 Business Aptitude Award winner where her resume […]
Simmons Educational Fund (SEF) Announces 2021 Winner of the $35,000 SEF National Business Aptitude Award
The SEF National Business Aptitude Award is bestowed annually to a winner selected from veterinary schools throughout North America. Since its inception in 2002, SEF has donated over $1 million to the veterinary profession. Simmons Educational Fund has selected its winner for the 2021 SEF National Business Aptitude Award, now in its nineteenth-consecutive year of […]
The Veterinary Practice Leaders Most Important New Year’s Resolution!
Wilson W. McManus II, DVM CVPM-Simmons & Associates MidSouth – Every year without exception, normally just after the first of the year, the pricing increase letters start rolling in from most of the major pharmaceutical companies, pet food manufacturers and other various suppliers of the veterinary items that we sell to clients to keep their […]
The Unexpected Effect of PPP Loans on Practice Financials has Gone Viral
The first quarter of 2020 proved to be similar in most regards to the preceding quarters of 2019 marked by economic growth, low unemployment, and strong financial markets. That changed suddenly with a disease caused by a coronavirus, termed Covid-19, following its origin and then international spread from Wuhan, China. The international community issued a […]
Q&A With the Simmons Experts – COVID19 Veterinary Practice Value Impact
You Asked, We Answered! Dr. King and Nikki Nitz answer the questions you are asking about the impact of COVID19 on the value of your veterinary practice! Have more questions? Contact your regional Simmons advisor, we are happy to discuss your practice and answer your questions. Over a month into the pandemic shutdown, have you seen […]
COVID19 Veterinary Practice Value Impact – The Times They Are A-Changin’…Maybe.
Doyle Watson, DVMSimmons Southeast The value of something we wish to own is typically based upon the future benefit we expect from owning it. We can expect no benefit from the past. That has been enjoyed by the previous owner. We can, however, determine the previous benefit provided to its current owner and project that […]
Thoughts to Ponder for 2019 – From the Desk of Doyle Watson, DVM
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, many (the great majority) practices that do not meet the corporate […]
Be Prepared: How the Scout Motto Applies to Veterinary Practice Owners and Exit Strategies
Baby boomers are getting older. Today’s average baby boomer is approximately 63 years of age, and by 2025, all baby boomers will be over the age of 60. For those in the veterinary industry, this has clear implications on the number of practice owners exiting their business. Baby boomers are unique, and unlike Generation X’ers […]
