Your veterinary practice : buying, selling & merging /

Bibliographic Details
Other Authors: Farquer, Byron, Wiseman, Larry
Format: Book
Language:English
Published: Santa Barbara, Calif. : Adagio press, [2006]
Subjects:
Table of Contents:
  • The psychology of buying, owning and maintaining a successful practice
  • Your good credit
  • How to hire consultants for advice and guidance
  • The veterinary business plan
  • Deciding on a business entity structure
  • Preparing for practice ownership
  • Hiring employees
  • Salaries, benefits, compensation
  • Financing options
  • Insurance
  • Tax considerations
  • Starting a practice from scratch
  • The start-up practice budget
  • Buying a pre-existing practice
  • Appraising a practice
  • Real estate
  • The legal aspects of buying a practice
  • Negotiating the deal
  • Marketing, advertising and publicity
  • The nuts and bolts of selling your practice
  • Why should you sell your practice
  • What makes a practice desirable to prospective buyers
  • Grooming your practice for sale
  • Using a planned exit strategy
  • Real estate
  • An overview of the sales process
  • Hire capable marketing advisors
  • Strategic analysis of a practice for sale
  • Valuing a practice for sale
  • Identifying a suitable buyer
  • Selling to an associate or partner
  • What are buyers really looking for
  • Tax considerations for the seller
  • Goals of the seller
  • Negotiating your best deal
  • Sales contract between buyer and seller
  • The role of retirement
  • Avoid the pitfalls : what not to do
  • A practice sale : from decision to closing
  • Planning a successful merger
  • Typical merger scenario : dating, engagement, marriage
  • When is the best time to merge a practice
  • Similarities and dissimilarities to buying and selling
  • How is a practice merger helpful to you and your practice
  • Preparing a business for merging
  • The buy/sell agreement
  • Beyond the agreement
  • Preparing your merger entrance strategy : the devil's in the details
  • Summary
  • Now just do it