You are interested in purchasing
a particular veterinarian clinic….
Take a moment to request from the
vending veterinarian what is he specifically selling, what is he selling it
for, and what are the terms under which he is sell.
With the last three year’s financial
statements, we would prefer to complete a preliminary review of the
operating results to confirm the selling price range and terms. Once you
know that you are within a "negotiating range", then
begin to spend money to complete in depth analysis and research.
You are thinking of selling the
practice …
Take a moment to think about why you want to sell the practice.
With the last three year’s financial
statements, we would complete a preliminary review of the operating results
to confirm the approximate selling range. We would also be able to identify
some obvious problems that you might want to take time to correct, prior to
selling.
The most common problems in selling a
veterinary practice is land and building included in the operating company,
above industry average employee wage costs, lease difficulties, (forced)
timing.
You are separating from your
spouse...
This is serious. It is very important
to clarify and confirm the financial relationship as soon as possible as
this represents probably the most complicated matrimonial asset.
We would begin with the last three
year’s financial statements, review the operating premises, review the
status of the equipment, and investigate the operating market. We review and
discuss the valuation calculations, assumptions and analysis with yourself.
If were jointly retained, we’ll work
with yourself and your spouse to bring a clear understanding as to the
valuation process, allowing both parties the opportunity to submit
information they consider relevant.
