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 […]
Stock Volatility and Consolidator Veterinary Practice Price
By, Joe Stephenson, Simmons Northeast – If you have any money in the stock market, your heart probably jumped as volatility returned. Historically this would have some, but not a significant, effect on veterinary practice sale prices, but with the emergence of a robust marketplace of consolidators, the rules changed for practices big enough to […]
$15,000 Awarded to University of Florida College of Veterinary Medicine Student
Simmons Educational Fund Committed to Investing in the Next Generation of Veterinarians St. Simons Island, Georgia – January 19, 2018 – The Simmons Educational Fund (SEF) honored Cynthia Kathir, a student at the University of Florida College of Veterinary Medicine, with the prestigious SEF National Business Aptitude Award. The award is given to students to bring […]
Laboratory Service Agreements – Know the Nuances Behind Your Signature
Written by: Doyle Watson, DVM, Simmons Southeast The great majority of today’s small animal practices operate their lab services with an out-sourcing company under a formal service agreement. Unfortunately for many, however, we see that the practice signatory is often unaware of the ingredients of the contract and the significance of their signature. It is typically […]
Leases, Leases, Everywhere Leases
By Kirsten Poppen, JD, CVASimmons Midwest Why is my practice not making any money? Let’s examine your expenses. Many of you have heard of No-Lo Practices, a term that has hit front and center in the veterinary consultant world. No-Lo: Practices with No to Low Value. No-Lo Practices aren’t necessarily a bad investment, by the […]
Simmons Northeast Opens New York Office
Simmons Northeast opens New York office As the only New York State veterinary exclusive practice broker, Joe Stephenson, MA, is taking the boots to the ground in New York bringing the long-standing and proven track record of Simmons to work for you. Located in New York, Joe is the sales manager for the New York […]
