Competing With Corporate Consolidation

The landscape of veterinary practice is definitely changing, with corporate buyers investing heavily – and this isn’t a brand new trend. In fact, DVM 360 offers up these examples from 2007: Summit Partners, a private equity and venture capital firm, invested $128...

Negotiating a Commercial Lease

If you need to sign a lease for your veterinary practice’s location, here are a few tips to help you to successfully negotiate a commercial lease. Examine the Premises Carefully This includes the HVAC, plus electrical and plumbing systems, although even careful due...

Planning a Stress-Free Road to Retirement©

Succession planning. Two words when placed together make your heart race in light of the decades spent building this hospital from the ground. Who am I going to sell to? How am I going to sell? What do I value my practice at? When is a good time to sell? These...

Why Is Your Practice Worth More Than Mine?

Summit Veterinary Advisors 10354 W. Chatfield Avenue, Ste 103 Littleton, CO 80127 303-980-4000 Home “There is no such thing as absolute value in this world. You can only estimate what a thing is worth to you” Charles Dudley Warner (1829-1900, American writer) It is...

Partnerships: What to Consider Before Getting Hitched

Co-ownership issues arise when a veterinarian becomes partners with other owners, or when two or more associates join to buy a veterinary practice. Becoming a co-owner of a veterinary practice is like getting married. It’s important to agree on the principal terms...