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But we are proud to say that Paolo Lencioni contributed 7 entries already.
The need for taking active steps to drive business is so important that business advisory software (Profitdiagnostix) has made some additions and are offering direct marketing software. They are using text messaging services for pet owner re-activation and engagement. Veterinary practices have an advantage of being able to access large lists of pet owners as […]
Now is a good time to have a long look back at what the veterinary economy is doing and also get an understanding of how we have been measuring this, because any analysis of this nature is only as good as the data used. Much like a clinical trial for a medication which you are […]
When 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 […]
The end/beginning of the financial year is an important time for most veterinary practices – it is often a quiet time in the clinic, but a busy time in the office and for management. A bit of a checklist could include: Creating a budget for FY2022 – there is a lot of talk about creating […]
Have low interest rates lead to higher valuations for vet practices? Real estate prices have gone up in all major cities, has this been reflected in vet practice valuations? Our valuations are based on profitability before interest, so no, interest does not influence our valuations. Practices have become busier and more profitable – this has […]
The current paradox in the veterinary economy – high workload with vet shortages It certainly seems that for the veterinary industry, the current COVID-19 crisis has had an economic outcome that would have been hard to predict. While so many other industries have lost customers and had to reduce staff hours, the pet industry has flourished […]
There is no doubt that we are facing a global recession. The extent to which it will affect veterinary practices is unknown, but an astute business owner would be wise to at least give this some thought, and NOW is the right time to do this. Regardless of whether you are thinking about the value […]
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.
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