Financing Options When Selling and Buying a Practice
There are many issues to consider when selling a veterinary practice.
According to veterinary accountant Gary I. Glassman, CPA, “You don’t need to be the mortgage holder
when the practice is sold. When it comes to the sale of a partial interest in the hospital, arranging financing can be tough.
However, when it comes to the sale of the entire practice, many financing options are available. When one considers the sale
of their practice, the significant price tag that might be associated with it should not be a stumbling block to the sale. Lenders
Selling a Veterinary Practice Tip
According to veterinary accountant Gary I. Glassman, CPA, “Corporate buyers are still an option and
one should not look past merger opportunities. Corporate buyers are still available for those who want
to make quick transactions or see no other avenues to create a sale. You may consider a corporate
buyer over putting the veterinary practice up for sale with a broker. One should consider the use of a
broker carefully. The main advantage of a broker is that they can bring buyers and sellers together.
Tips for purchasing in-house veterinary diagnostic equipment
Selling your practice? Make a clean break.
When contemplating the sale of your veterinary practice, consider this important fact:
Upcoming Live Webinars with Gary Glassman
Gary has two upcoming webinar talks, one with the CVMA on May 26 from 7:00 – 8:00 PM, and another, a live national webinar via Zoom with AmeriVet on June 11 beginning at 7:00PM on the topic: Planning for the Transition: The How, Why, and When of Selling your Practice.
Tip for Selling Your Veterinary Practice
How to Sell Your Veterinary Practice
According to veterinary accountant, Gary I. Glassman, CPA, partner, Burzenski & Company, PC, there are two basic ways veterinary practices get sold:
Select the Right Health Insurance for Your Practice
If you have employees, you know how important health insurance is for your benefits package. It also takes a big bite out of your budget. Selecting the right insurance for your company is extremely important for employee retention and maintaining your bottom line.
Make Setting Salaries Easier With These 5 Steps
Whether you are hiring for the first time, filling an open position, or conducting annual performance reviews, finding a salary range that attracts and retains valued employees can be a difficult task.
U.S. Pet Doctors Steel Themselves for Online Pharmacy Challenge
Gary I. Glassman, CPA, is quoted in this Reuters article about the distribution of revenue in veterinary practices.
