Practice Valuations
Valuvet has been providing appraisals to the veterinary profession since 1996. Our appraisals are undertaken by experienced specialist veterinary accountants. We understand your practice like no one else can.
ValuVet
2 Genoa Court
Cleveland, QLD 4163
Australia
P (07) 5292 5162
When to hold ’em and when to fold ’em: what poker can teach us about exit planning
/by Simon PalmerFor those of you who are unfamiliar with poker, I will recap how the game works: To begin, a player needs to put in money to get dealt their cards. The player then needs to choose to invest further for every additional round of cards that are drawn. With each round of cards that are […]
Insurance for practice purchase FAQs
/by Simon PalmerThere are many misconceptions about the role that insurance plays in your practice purchase. Often, buyers will be too busy with business plans, arranging finance, renovation or reinvestment to spend much time thinking about insurance… When insurance is thought about during the purchase process, it is often dismissed as discretionary, optional and overly pessimistic…that is, […]
The emotional decision to sell
/by Simon PalmerIn order to effectively negotiate any deal, you need to be able to understand the person on the other side of the negotiation. You need to know what their fears and motivators are. Somehow though, buyers often misjudge the emotional journey that a seller is going through towards the end of their career. Most buyers […]
Vet Premises Council Zoning FAQs
/by Simon PalmerThere are a lot of misconceptions out there among vets who are buying practices, about the council zoning required for a vet practice. Can you put a surgery in a retail shop and start practicing? Can a vet practice operate in an area that is zoned “commercial”, or does it need special purpose zoning? What […]
Vet premises lease FAQs
/by Simon PalmerThere are a lot of misconceptions out there among veterinarians who are buying practices, about the moving parts in a Vet premises lease. What is and isn’t negotiable? What is attractive to a landlord? What should and shouldn’t they ask for? To provide some clarity in this regard, Practice Sale Search interviewed Tal Eloss, founder […]
Why Get a Business Valuation?
/by Simon PalmerValuVet has been valuing vet practices across Australia for over 25 years. Many people feel that the only time to get a business valuation is when you are about to buy or sell a business. While this is a reason that many people come to use our services, there are actually many, many reasons that […]
Don’t become a boiling frog in business ownership
/by Simon PalmerThere is an urban myth that if a frog is suddenly put into a pot of boiling water, it will jump out and save itself from impending death. But, if the frog is put into lukewarm water, with the temperature rising slowly, the frog will keep trying to adjust and climatise…until it’s too late. Whether […]
5 reasons why smart business owners sell strong businesses
/by Simon PalmerOne of the first questions that a buyer will ask when a business is for sale is “Why are they selling?”. When the business is strong and the vendors seem young and healthy, buyers will often show some incredulity and/or suspicion about why it is for sale. There seems to be a misconception out there […]
Interview with Jim Martin, founder of ValuVet
/by Simon PalmerWho started ValuVet? Where and how did it all start? We thought it might be a good idea to go back to the beginning. We were lucky that ValuVet’s founder, Dr Jim Martin, agreed to come out of retirement (at 86 years old) to be interviewed about his career and to tell us about the […]