Category Archives: Veterinary Practices

  It’s graduation season once again. During this time of year, thousands of college students walk down the aisle to receive their diploma, and celebrate their accomplishment of acquiring their degree of study. In 2015, the number of medical school … Continue reading

Posted in Buying, Selling & Partnering, Financial Planning & Wealth Building, Financial Topics, Loans & Financing, Medical Practices, Optometry Practices, Veterinary Practices | Comments Off on Out of the Classroom and into the Boss’s Chair: How Graduates Can Start Their Own Practice

  It happens every year. People of a similar profession or specialty from around the country gather together to spend several days immersed in exploring and learning new and interesting things about their craft. This phenomenon is commonly referred to … Continue reading

Posted in Events, Medical Practices, Optometry Practices, Veterinary Practices | Comments Off on Time-Saving Tips when Attending a Conference

  It’s time. You have been thinking about selling your practice, and now you’re starting the process. You’ve put it up for sale, and after a while, you’ve gained potential buyers. You know the sale of your practice is getting … Continue reading

Posted in Buying, Selling & Partnering, Medical Practices, Optometry Practices, Veterinary Practices | Comments Off on Lease Assignments: What to Know when Selling Your Practice

When getting an appraisal for a practice it’s important to understand what you get.  Professional organizations such as NACVA (National Association of Certified Valuation analysts), AICPA (American Institute of CPA’s) and other credentialed association have specific standards and methods for … Continue reading

Posted in Buying, Selling & Partnering, Optometry Practices, Veterinary Practices | Comments Off on Appraisals.. To Be Or Not To Be?

Most people buy or sell a practice once in their lifetime. The process is complicated and includes a variety of steps including business analyses, negotiations, disclosures and written agreements. It can also be very emotional.  Emotions play a significant role … Continue reading

Posted in Buying, Selling & Partnering, Case Studies, Optometry Practices, Veterinary Practices | Comments Off on How to avoid the emotional roller coaster when buying and selling a practice

To partner or not to partner.  That is the question?  A partnership can sometimes turn into a Shakespearean tragedy and when that happens all parties tend to lose.  When buy out provisions are vague, responsibilities unclear and life changes occur … Continue reading

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Appraisals?   Why do I need one and what to look for… Everybody wants to know the value of their practice (“business”) or their home, stocks and any other high priced asset.   Appraising requires care and an understanding of the purpose, … Continue reading

Posted in Buying, Selling & Partnering, Financial Planning & Wealth Building, Medical Practices, Optometry Practices, Veterinary Practices | Leave a comment

Exit Planning: Don’t get caught short by the Four D’s By Alissa Wald, O.D. and Scott Daniels  They say getting old stinks, but then again the alternative isn’t acceptable. Stopping the aging process — well we know what that means … Continue reading

Posted in Buying, Selling & Partnering, Financial Planning & Wealth Building, Medical Practices, Optometry Practices, Practice Management & Coaching, Veterinary Practices | Leave a comment

 Purchases and Partnership Practice Transitions Knowing your Professional Resources  Buying a practice or purchasing into a partnership can seem like a daunting task.  You’ve spent years learning how to diagnose patients but never learned how to become a partner or … Continue reading

Posted in Buying, Selling & Partnering, Financial Planning & Wealth Building, Medical Practices, Optometry Practices, Veterinary Practices | Leave a comment

SHOULD YOU REDUCE RISK EXPOSURE AS YOU GET OLDER? A study suggests the “conventional wisdom” may be flawed. Presented by Dr. Gary Ackerman on via Practice Concepts. I thought this was a thoughtful article about investing as we get older.  … Continue reading

Posted in Financial Planning & Wealth Building, Financial Topics, Loans & Financing, Medical Practices, Optometry Practices, Practice Management & Coaching, Veterinary Practices | Leave a comment