Who ya gonna call? Selling a practice isn’t a do-it-yourself endeavor
Who ya gonna call? Selling a practice isn’t a do-it-yourself endeavor by Leslie A. Mamalis, MBA, MSIT, CVA
August 2020/September 2020 – Today’s Veterinary Business Magazine
Are you thinking about selling your veterinary practice? Are you ready for retirement? In a perfect world, your hospital would be appraised three to five years before you plan to sell so that you know what your practice is worth at that moment and to give you sufficient time to make changes that could increase the value of the business and the selling price. You also would meet with an accountant to put in place structures designed to minimize taxes paid on the sales proceeds.