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Have You Considered Rural Practice?

I have seen many rural practices over the years, and the high quality service that is provided to the community by the local vet never ceases to amaze me.  I have seen hospital facilities equal to anything in the city; I have seen great LA practices operating in very small communities, and prospering because they are […]

Vet Practice Mergers

The practice scene in Australia is changing rapidly, therefore practice owners need to be aware of strategic opportunities, so that the practice can continue to move forward with the industry (if you are not going forward, you are going backwards!). One of the options open to some practices is a practice merger with a near […]

Urgent sale due to Ill Health

We were recently asked to do an ‘urgent’ valuation on a practice for the purposes of a sale, because the owner had suddenly fallen ill and could not continue on. This is a timely reminder that, ‘there but for the grace of God go all of us’, and that, particularly if you are a practice […]

Positioning your practice for sale

In most cases, you can only sell your practice once so if you want maximise the return on your investment you need to make it easy for buyers to see opportunity in buying your practice. Most practices we value are for sale (either to an incoming partner of as an open sale) so the following are issues that we commonly encounter: