Part 3.5 of Valuation Basics – P&L

Part 3.5 of Valuation Basics – P&L

Part 3.5 of Valuation Basics – P&L Before we get to the Facilities and Rent group article, we will take a slight detour and talk about why you need a great P&L. I saw a veterinarian post recently and the source of the post was from the AAHA website on...
Part 3 of Valuation Basics – Salaries & Wages

Part 3 of Valuation Basics – Salaries & Wages

Part 3 of Valuation Basics – Salaries & Wages The biggest cost category in your P&L (Profit & Loss) will be the Salaries and Wages group. As such, it will be difficult to have a favorable practice valuation if salaries and wages are sub-optimal....
Part 2 of Valuation Basics – COGS

Part 2 of Valuation Basics – COGS

Part 2 of Valuation Basics – COGS Why is a practice valuation important? Why should you know the market value of your hospital? The obvious reason might be to put your practice on the market to sell. Another great reason is to help run your practice more...
Part 1.5 of Valuation Basics – Revenue (Follow Up)

Part 1.5 of Valuation Basics – Revenue (Follow Up)

Part 1.5 of Valuation Basics – Revenue (Follow Up) I will still post the COGS article this weekend, but in thinking about COGS I realized there were a few thoughts I forgot to mention about revenue. The following is a broad generalization for general practice...
Part 1.5 of Valuation Basics – Revenue (Follow Up)

Part 1 of Valuation Basics – Revenue

Part 1 of Valuation Basics – Revenue When I started at NVA in 2012, I heard that veterinary hospital owners would sell their practice, based on a revenue multiple. For example, if the annual revenue was $1M, then a 1x multiple would be used to derive a sales...
4 Stages of the Acquisition Playbook

4 Stages of the Acquisition Playbook

4 Stages of the Acquisition Playbook The playbook will vary from corporate consolidator to consolidator, however the overview below should be a good representation of what you can expect. As mentioned before, without the benefit of a proper walk-through/review, please...