• What is my practice worth?


    Find Out
  • Can I operate more profitably?


    Find Out
  • Are my personal finances in order?


    Find Out
  • Why do I need a financial plan?


    Find Out
  • Should I start a practice?


    Find Out

Informed advice, guidance, and recommendations for the veterinary professional and their practice.


Testimonials

WHAT IS MY PRACTICE WORTH?

Why Do an Evaluation or Fair Market Value Assessment?

There are many misconceptions and incorrect application of rules of thumb about what a veterinary practice is worth. In the proper aware objective context, it is possible to not only place a fair market value on a veterinary practice, but identify opportunities to make your practice more profitable and ultimately worth more on the open market. An evaluation or fair market value assessment can serve a number of purposes including facilitating a sale or buy-in, refinancing, tax and wealth planning, business restructuring.

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PRACTICE MANAGEMENT:

Can I Operate More Profitably?

Practice management really is about achieving two goals: greater effectiveness and greater efficiency. Busy practitioners may not be aware of available resources to manage the functional areas of a practice including human resources, marketing, operations, and the financial portfolio. Greater efficiency means less stress, better profits, a better more productive workplace, and a happier bottom line. Our industry nowadays has benchmarks and targets for both optimum revenue distribution and expense efficiency.

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ARE MY PERSONAL FINANCES IN ORDER?

Can I Retire When I Want to?

We would all like to retire someday in control of our lifestyle with both our health and financial wellbeing intact. Integrating your business planning and efficiency with your own wealth accumulation, risk management, and investment planning is a sound financial planning exercise to ensure you can control your own career planning.

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WHY DO I NEED A FINANCIAL PLAN?

Can I get where I want to be?

A financial plan is like a road map to help you meet your objectives and financial goals. It helps guide timelines, reduce risk, avoid overpaying taxes, and plan for your future.

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SHOULD I START A PRACTICE?

Or keep practicing as an associate?

Our profession is very fragmented and over-saturated in a number of areas. Managing risk and financial vulnerability is critical in a highly competitive environment and should be assessed with a structured feasibility study. Such a study will break down demographics, available clients and project revenue and profit for a new practice owner.

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