Practice Valuation Resources

Practice valuation is something you hear about but don’t always think about until you need one. When you are buying or selling your practice, and when an associate or other staff member is invited to be an owner, you need a business appraisal to come up with a price that is fair to all parties.

The VetPartners Valuation Council has existed since the beginning of VetPartners. Our mission is to educate VetPartners members and the profession overall by debunking valuation myths, discussing methods of determining accurate and defensible practice valuations, and structuring transactions that are fair for both the buyer and seller. When both parties are knowledgeable about valuation, the resulting outcome of their negotiations will be a far better reflection of the actual economics of the transaction.

The Council has developed a number resources which are available to everyone through this website. The goal of these resources is to provide useful and practical information to those seeking valuation information.

This publication has become a standard in the profession. It provides a user-friendly tool to help practices to estimate their true profitability. The booklet then provides suggestions and explanations to help practices improve profitability and increase practice value. Likewise, if you are starting a practice, the tool helps you identify pitfalls and avoid traps along the way by taking a snapshot annually of your practice’s financial results.

This publication explains the basic concepts and language used in valuation. While the publication won’t make you a valuation expert, it will give you a sound base to understand the role of the practice appraiser and to ask meaningful questions about the process and the report that follows.
You will find FAQ’s which explore topics related to valuation and provide insight into areas that can be confusing or troublesome.

VetPartners has developed a worksheet called the No-Lo Practice Threat Advisory Worksheet. Any practitioner or practice manager can use this worksheet to arrive at an estimated level of true profitability for his or her practice. Click to download the No-Lo. SA Worksheet as of Jan 2018

This checklist offers techniques and tips specific to veterinary practices for deterring employee theft. Many of the steps are quick and easy but still create barriers that can limit the opportunity to steal from your practice. Protect your practice by reviewing and implementing the suggestions on this Fraud Prevention Controls Checklist.

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