Blog
Check out our recent blogs below or browse by category on the right.
Artificial Intelligence in Veterinary Medicine
Abstract Up until the past few years, artificial intelligence (AI) was seen as something straight out of a sci-fi movie. AI, however, has rapidly become a reality that will likely be integrated into everyday life. Although the associated benefits and...
Dismantling a Practice
Abstract Current trends in veterinarian demographics, ownership rates, and corporate consolidation have left many small practices with aging owners and no viable succession plan. As a result, the frequency of veterinary practices closures is increasing. Closing a...
Considering a Practice Sale to Corporate Volume 4 – Part 2: The Transition
As discussed in part one of this two-part article, owners of veterinary practices that are considering a sale to a corporate buyer may end up taking a variety of pathways throughout the transition period. One of the most important considerations of this process would...
Considering a Practice Sale to Corporate Volume 4 – Part 2: The Transition
As discussed in part one of this two-part article, owners of veterinary practices that are considering a sale to a corporate buyer may end up taking a variety of pathways throughout the transition period. One of the most important considerations of this process would...
Considering a Practice Sale to Corporate Volume 4 – Part 1: The Transition
When an owner is considering the sale of their veterinary practice to a corporate buyer, they should research that company’s transition process as well as what their practice may look like after closing. Each corporation’s timing and approach to the process is...
Client Etiquette for Veterinary Client Service Representatives
Abstract Veterinary client service representatives (CSRs) play an integral role in the logistical functions of clinics, offering up first impressions for clients and serving as the liaison between the client and the main medical staff. Consequently, CSRs are more...
Considering a Practice Sale to Corporate Volume 3 – Terms of the Sale
Veterinarians who own their practice and are considering a sale to corporate will likely be making one of the biggest decisions of their life when it comes time to choose their buyer. If they are lucky enough to have multiple offers on the table, it often boils down...
Top 5 Veterinary Practice Information Management Software (PIMS) Products
By: Isaac Brownstein, Communications & Marketing Advisor Abstract The use of technology has revolutionized operations and methods of performance for businesses while simultaneously providing competitive advantages and economic opportunities.1 Using practice...
Considering a Practice Sale to Corporate Volume 2 – Prospective Corporate Buyers
In our last article, we discussed how to prepare your veterinary practice for an acquisition by a corporate buyer. We recommended that you first gather your team of professionals and have them review your financials and practice entity documents. We explained that you...
Considering a Practice Sale to Corporate Volume 1 – Are You Ready to Sell?
Many young veterinarians have a clear vision that one day they will become a practice owner. What they may not plan for, is what will happen later in life, when they are older and in need of an exit strategy. Ownership consumes a great deal of time and energy at a...
Client Service Representative Etiquette
Client Service Representative Etiquette Veterinary Business Advisors, Inc. Abstract Being the first impression of a clinic to clients, there is no doubt that client service representatives (CSRs) play an integral role in the logistical function of clinics. In...
Sharing The Windfall
Sharing The Windfall Veterinary Business Advisors, Inc. In today’s landscape of veterinary practice sales, corporate acquisitions are far outnumbering private sales. One major reason for this is that the dollar amounts of corporate buyout offers greatly exceed those...