Entries by Simon Palmer

Vet Premises Council Zoning FAQs

There 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

There 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?

ValuVet 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

There 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

One 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

Who 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 […]

Interview with Tony Thelander

Tony 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 […]

Running a successful business is not a sprint or a marathon…

There 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 […]

Why the Staff will Stay

It 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 […]