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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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The Essentials of Teamwork in Veterinary Practice

The Essentials of Teamwork in Veterinary Practice

By: Casey Dubbs, Sherry Everhart, BS, RVT and David McCormick, MS, CVA “Not finance. Not strategy. Not technology. It is teamwork that remains the ultimate competitive advantage, both because it is so powerful and so rare.” - Patrick Lencioni Most practice owners want...

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“Be Prepared” applies to Veterinary Practice Owners

“Be Prepared” applies to Veterinary Practice Owners

Scout’s Motto: “Be Prepared” applies to Veterinary Practice Owners The average baby boomer today is approximately 63 years of age and by 2025, all baby boomers will be over the age of 60. Obviously, this has implications on the number of veterinary practice owners...

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How to Buy a Fixer Upper Veterinary Practice

How to Buy a Fixer Upper Veterinary Practice

It’s tough out there for veterinary practice buyers today. Every year a few new investors and/or corporate consolidators call me looking to spend way too much money on 2+ doctor practices. So how can you, the young, ambitious associate compete for 2+ doctor practices?...

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