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Buying and Selling

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Source: VETERINARY ECONOMICS Find the right exit June 1, 2006 By: Tom McFerson, CPA, ABV Consider these five roads out of practice, and start planning your journey now.

Source: VETERINARY ECONOMICS Your practice may be worth less than you think May 1, 2006 By: Karl Salzsieder, DVM, JD Too often practitioners who thought they were on the doorstep of retirement are finding they need to work three to five years longer than they thought—or even more. The problem: When they have the practice valued, they find a gap between the retirement they envision and what they can actually afford.

Source: VETERINARY ECONOMICS Taxing associate buy-ins April 1, 2006 By: Gary Glassman, CPA If you're considering selling part ownership to a valued associate, you need to know the tax traps for buyers and sellers.

Source: DVM360 MAGAZINE How to cut legal fees when starting or selling a practice November 1, 2005 By: Christopher J. Allen, DVM, JD A retainer agreement should include a statement of hourly billing rates.

Source: VETERINARY ECONOMICS Get a clear picture of practice value March 1, 2005 By: Cynthia Wutchiett, CPA A potential buyer will want to know what it would cost to provide the same services you offer.

Source: DVM360 MAGAZINE Address legal threats before buying into a practice March 1, 2005 By: Christopher J. Allen, DVM, JD I have lost count of the number of occasions when I have written in this column that partnership in a veterinary practice is very similar to marriage. The analogy is one that potential partners must ignore at their peril. Nonetheless, joint ownership of a professional practice can be much like something else as well: a couple moving in together.

Source: VETERINARY ECONOMICS Planning an exit strategy with an associate who doesn't want to own February 1, 2005 By: Susan Flemming, MBA I'm the sole owner of a two-doctor practice. I have a great associate. She loves it here, I pay her well, and she knows she's appreciated.

Source: VETERINARY ECONOMICS Buying in: Are you ready? January 1, 2005 Buying into a practice could bring great opportunities or heartache. The key: Know what you're getting into.

Source: VETERINARY ECONOMICS Taking care of the team after selling the practice November 1, 2004 By: Charlotte Lacroix, DVM, JD I don't want to leave staff members jobless when I sell my practice. Can I include a clause in the contract requiring the buyer to retain my employees?

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