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What are the benefits of owning a practice?

What are the benefits of owning a practice?

David King, DVM, Simmons Southcentral -  One of my heroes of history, Theodore Roosevelt, once said "Speak softly but carry a big stick" and I liken that somewhat to practice ownership. There is just no substitute for carrying that 'Big Stick.' There are many reasons...

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The Cost of Technology in Veterinary Practice

The Cost of Technology in Veterinary Practice

By: Joe Stephenson, MA - Simmons Northeast - As a veterinary business appraiser and broker I see droves of young veterinarians reared on cutting edge technology, hungry for practices thoroughly equipped with blinking lights and high resolution screens. I also see...

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Can Your Veterinary Practice Be Too Profitable?

Can Your Veterinary Practice Be Too Profitable?

By: Nikki Nitz, CPA CMA -  There is a lot of information circulating about No-Lo practices. But how about we flip the coin and talk about highly profitable practices? You would think that there should be no issue with having a higher profit percentage correct? Well,...

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Leases, Leases, Everywhere Leases

Leases, Leases, Everywhere Leases

By Kirsten Poppen, JD, CVA Simmons  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...

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Dealing With Leases in Veterinary Practice Sales

Dealing With Leases in Veterinary Practice Sales

Elizabeth Bellavance, Simmons Canada ~ It is becoming more common for suppliers of veterinary products and services to enter into long-term contractual agreements with veterinary practice owners. These agreements can have far reaching implications for practice owners,...

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Veterinary Practice Ownership – Leaving a Legacy

Veterinary Practice Ownership – Leaving a Legacy

by: Jim Stephenson, DVM, CBA – Simmons Northeast Few people have the opportunity to leave a legacy as lasting as a veterinarian who has fulfilled their career as a practice owner.  The essence of what they build can become integrated into the culture and history of...

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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...

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