Key Takeaways Veterinary practice valuations are typically based on adjusted EBITDA, not revenue alone. Multiples matter, but how a practice is evaluated and presented can significantly impact value. Experienced M&A and private equity insight can uncover value drivers and risks that simpler valuation methods may miss. Factors like team structure, operational systems, growth potential, and […]
Key Takeaways Today’s market is still strong, and practice valuations remain well above what most industries experience. A higher multiple means very little if your adjusted EBITDA isn’t accurate or properly calculated. The conditions that created the valuation spike are unlikely to return. Timing should be based on your readiness, not someone else’s outcome. Selling a […]
Many practice owners are holding off on selling, hoping valuation multiples will return to the highs seen a few years ago. But as discussed in this episode of 360 Half Seconds, that strategy may not work. The surge in valuations during 2020–2021 was driven by unique market conditions, and those conditions have already shifted. Today’s […]
In this video, Tom Seeko of Florida Veterinary Advisors explains why financial stress in veterinary medicine is often less about income and more about perspective. Many veterinarians underestimate their long-term earning potential and stay stuck focusing on debt or short-term cash flow. Tom challenges viewers to step back, look at the bigger picture, and start […]
Key Takeaways Financial stability for veterinarians starts with a mindset shift: seeing yourself as both a caregiver and a business owner. High earning potential means debt and financial stress are planning problems, not destiny. Avoiding money conversations around pay, pricing, loans, or profitability holds back both personal and practice growth. True wealth is about freedom, flexibility, and […]
Key Takeaways: Financial clarity begins with understanding core numbers like revenue and net income. Organizing across cash flow, assets, liabilities, and protection creates better decision-making. Constant reactivity (“momentum loops”) prevents owners from seeing the bigger picture. Dedicated time for reflection is essential, not optional, for financial clarity. Clear goals and values help owners build the […]
What’s the biggest financial mistake veterinary practice owners make? In this episode, Tom Seeko of Florida Veterinary Advisors explains why many owners unknowingly trap their wealth inside their business by failing to distinguish between business profits and personal financial planning. He breaks down the difference between income value and enterprise value, and why focusing only on […]
In the latest episode of 360 Half Seconds, host Kia and Matt talk about what “good accounting” really means when it comes time to sell your veterinary practice. While accounting may not be the most glamorous topic, Matt emphasizes how critical it is to a successful business sale. Poor accounting, he warns, is one of the […]
Thinking of selling your veterinary practice? In this episode of 360 Half Seconds, Kia and Matt break down why good accounting is essential for a smooth and profitable sale. Matt explains the difference between tax, audit, and managerial accounting, and why managerial accounting is key when it’s time to go to market. From clean, reconciled […]
Matt & Kia talk about the team that veterinarians need to build when getting ready to sell a practice, including an internal point person, M&A attorney, tax accountant, financial planner, and of course, a broker.