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It’s 2020! Can You See Your Exit Clearly Now?

It’s 2020! Can You See Your Exit Clearly Now?

By, David King, DVM, CVA Simmons Southcentral Wow it’s 2020 and a new decade. It always sounded like it was far in the future but here it is, and with it new opportunities to capitalize on your hard work and either sell your practice or plan a sound exit strategy....

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Can Staff Expenses Be Managed?

Can Staff Expenses Be Managed?

Staffing costs are one of the most significant expenses in a veterinary practice and controlling these costs remains one of the most challenging issues for most practice managers and owners. Even in actively managed practices, it still can be a struggle to get...

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Is your veterinary practice exit strategy up to date?

Is your veterinary practice exit strategy up to date?

Amazing to think that we will soon be in the next decade. While 2020 always sounded like it was in the distant future; here it is. A new year presents a new opportunity to capitalize on your hard work and either sell your practice or work on a sound exit strategy....

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Selling Your Veterinary Practice – Private vs Corporate

Selling Your Veterinary Practice – Private vs Corporate

By, David King, DVM, CVA, Simmons Southcentral Just like just about anything in life, deciding to sell a veterinary practice can be made easier with a little knowledge and a little planning. Knowing your options along with the pros and cons of each can help you make...

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I Just Want to Be a Doctor, Not an Owner/Manager Anymore!

I Just Want to Be a Doctor, Not an Owner/Manager Anymore!

By: Nikki Nitz, CPA, CMA - Simmons Northwest & Simmons Midwest A common theme I am hearing from potential clients right now is, “Nikki, I just want to be a doctor and practice medicine. I don’t want to deal with all the management headaches anymore.” Can you...

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Enterprise Goodwill vs. Personal Goodwill

Enterprise Goodwill vs. Personal Goodwill

What’s the difference, and what impact does it have on practice buyers and sellers? Byron Farquer, DVM, CVA Each veterinary practice has two main assets classes, tangible and intangible. Tangible assets include items you can pick up and carry around like furniture,...

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