Articles & Tips on Veterinary Practice Transition

How to Find an Ideal Buyer for Your Practice

You put a lot of time and energy into building your practice. As you prepare for the sale of your practice you really need to be confident that you are finding a buyer who can take over and lead the practice in a great new direction. So how do you go about determining whether or not a buyer is a good fit for your particular practice?

Read More...

The Ins and Outs of Selling to a Veterinary Associate or Partner

While selling your veterinary practice to a current associate or partner may seem like a quick way to share some of your responsibilities, the truth is that these types of deals can be very complicated from both a financial and personal standpoint. Here are some of the pros and cons of selling your practice to somebody you work with already.

Read More...

10 Things That Can Affect Veterinary Practice Value

The valuation of your veterinary practice is one of the single most important topics when it comes time to sell. Not only is there a lot of money on the line, but also a lot of emotion and personal connections to consider. These personal connections can affect the way we value our practices and can make it hard to get a fair and objective valuation from a professional. Instead, we'll focus on the 10 qualitative factors that you should really be considering.

Read More...

How to Perform a Strategic Analysis on a Practice for Sale

Before you can maximize the value of your practice, you first have to weigh your options and create a plan that is sure to work. The best way to do this is by performing a strategic analysis of your practice early on, and then laying out your expectations for the next five years. Here's what you should be looking for:

Read More...

Social Media for Veterinary Practices: What are the Best Platforms?

Have you been using social media to help boost the profitability of your veterinary practice? Many veterinary offices fail to take advantage of social media prospects because they don't understand just how effective they can be at reaching new customers and keeping old customers.

Read More...

Vet Practice Makeover: What Makes a Veterinary Practice Unique?


There are a million ways to make your practice stand out from the crowd, but it's up to you to make sure you are implementing strategies consistently. Making small changes to your lobby and the way you interact with your customers can go a long way towards revamping the image of your practice in the community.

Read More...

How to Negotiate When Buying a Practice

Negotiation is a skillset that takes practice to develop. Many business leaders struggle to negotiate well, even after years of negotiating in their own business dealings. We've put together a few tips to help you negotiate better deals for buying a practice.

Read More...

The Legalities of Buying a Practice

As with any new investment or business opportunity, there are always legal implications to be aware of. Purchasing a veterinary practice is no exception to this rule. Here are four of the biggest legal questions you need to answer before you make your first offer on a practice.

Read More...

Understanding a Partner Buy-Out

Purchasing a practice is a big decision. Many first time practice owners decide to go into business with a partner in order to share some of the burden with another party. Over time, it may become beneficial for one partner to buy the other out of the business and carry on running the practice on their own. This process offers a number of pros and cons to the buyer that you should get familiar with.

Read More...

What to Look for Before You Buy a Pre-Existing Practice

As a first time practice owner, buying a pre-existing practice is usually the best way to get into a leadership role. However, you must be diligent about selecting a stable practice to purchase in the first place. If you rush out and buy the first available practice, you could end up at the helm of a sinking ship. Here are a few things you need to look for before you move forward on a pre-existing practice.

Read More...