Building Value for Veterinary Practice Sale.

This article provides an overview of the factors that lead to veterinary practice value. People do not enter veterinary medicine with the primary goals of owning and operating a small business. However, those who spend their careers in private practice may start or purchase a veterinary practice. To maximize value, the business must be profitable and carry as little risk to a potential buyer as possible. This article discusses the adjustments a professional valuation analyst is likely to make to calculate profits, the elements that measure risk, and how to mitigate that risk to increase value.