Key Factors to Consider in Appraisals and Assessing Practice Value

Written By:David McCormick, MS  Simmons Mid-Atlantic & Great Lakes Stephanie McGinness, DVM Candidate, 2012 What are the key factors you should consider when assessing practice value?  Profitability and appraisals are both important parts of the process and the...

Hiring Teens: Pros and Cons and How to Find the Best Hires

According to ChildTrends.org, the percentage of youth that have jobs is on the upswing, but it’s still not as high as it was in 2006, before the Great Recession hit in December 2007. When that recession occurred, teenagers took a significant portion of the brunt of...

Buy-Sell Negotiations: Ethical Disclosures or Buyer Beware

Buying or selling a veterinary practice generally is a long and arduous process. Preparation and a good lawyer are key to smoothing the bumps along the way. I. PLANNING How well you plan determines whether you will control the process or vice versa. Beyond identifying...