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
Interview with Tony Thelander
/by Simon PalmerTony Thelander has been a prominent figure in the Australian veterinary industry for more than 40 years. Starting out as a veterinarian, he has taken on multiple roles in both the business and management side of being a vet. We asked him to share some advice, from what he has learned over the last four […]
From veterinarians to veterinary accountants: An interview with Paolo and Anne Lencioni
/by Simon PalmerWhile most people reading this will have worked with Paolo and Anne Lencioni, not many people know their story. How did two South African vets end up market leaders in veterinary practice accounting and valuing in Australia? We recently sat down with them to ask them about their journey, their extremely varied and colourful professional […]
Running a successful business is not a sprint or a marathon…
/by Simon PalmerThere is a common saying that running a successful business and having a successful career is a “marathon, not a sprint”. The saying is meant to remind people to think long term, to pace themselves and have longevity in mind, rather than just short-term results. At first, the metaphors of the sprint and the marathon […]
Confidentiality Agreement FAQS
/by ValuVetBy Simon Palmer and Harry Nicolaidis If you are looking at buying a veterinary practice, it is likely that you will be asked to sign a Confidentiality Agreement or Non-Disclosure Agreement at some stage. There are a lot of misconceptions about these agreements, what they mean and if they are enforceable. In this article, we […]
Why the Staff will Stay
/by Simon PalmerIt is quite common for practice owners to be fearful of how the staff will react if they learn that their practice is for sale. While it is, of course, always possible that a practice could experience some staff attrition when it changes hands, it is, in fact, extremely rare. Believing that the staff will […]
Practice ownership: Should you Buy or Set up?
/by Simon PalmerOnce a Vet has decided that they want to be their own boss and own a vet practice, the next question that they face is “should I buy an existing practice or set one up from scratch?” Regularly, Practice Sale Search will be selling a small practice, where the potential buyer will argue that, for […]
INDUSTRY UPDATE AUGUST 2021
/by ValuVetWhile COVID-19 lockdowns and their economic impact ravage the country, I think that it may be a good time that we in the vet industry take pause and reflect on how much better insulated our business is from our neighbouring cafes, restaurants and retail shops. We are considered an essential service, allowing us to remain […]
Stock Valuation FAQs
/by Paolo LencioniWhen a practice is valued, it is often for goodwill and equipment, “plus stock”. That is to say, the stock levels will be determined closer to settlement and an amount added to the valuation to compensate the vendor for the stock that will be onsite at the date of transfer. There are a lot of […]
Beware of strangers offering candy: Why sellers need to take a cautious approach with a new veterinary aggregator
/by ValuVetEvery year, some great practices will come to us asking what we know about a new veterinary aggregator that is marketing itself or approaching veterinary practices directly. New aggregators come and go every year and generally have the same few things in common: They will have a glossy executive summary brochure, showing a group of […]