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.
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In the latest episode of 360 Half Seconds, 360 Vet Sales CEO Matt Arena shares valuable insights into assembling the ideal team to guide veterinary practice owners through the complex process of selling their business. If you’re considering going to market, here’s what you need to know about building your “dream team” to ensure a smooth […]
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In a recent episode of 360 Half Seconds, Matt Arena, CEO of 360 Vet Sales, discusses the complexities of the veterinary practice market and how it responds to various factors, including interest rates and elections. This conversation is especially important for veterinary practice owners who are considering selling their businesses and want to know how […]
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In a recent episode of 360 Vet Sales, Matt Arena, CEO of 360 Vet Sales, discussed a key issue many veterinary practice owners face—whether to sell now or wait for a better valuation. Matt’s advice: don’t wait too long. While some owners believe they can increase value by adding veterinarians, today’s competitive market and staffing challenges […]
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Many veterinary clinic owners worry that selling to a corporate buyer will turn their clinic into a “cookie-cutter” business. However, as Matt Arena, CEO of 360 Vet Sales, explains, this is a misconception. Not all corporate buyers are the same—many are interested in preserving the clinic’s existing structure, staff, and high-quality care. Before deciding to […]
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If you’re considering selling your veterinary practice, understanding the process is essential. Matt Arena, CEO of 360 Vet Sales, recently shared a detailed walkthrough of how the process works from start to finish. Here’s an overview of what to expect: Preparing to Sell Before you can go to market, it’s crucial to ensure your practice […]
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If you’re thinking about selling your veterinary practice, understanding what potential buyers are looking for is crucial. According to Matt Arena from 360 Vet Sales, several factors play a significant role in determining your practice’s value. Number of doctors: Having at least two doctors is essential, as buyers are less likely to invest in a […]
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Veterinary practice owners often focus on the best times to sell, but it’s equally important to know when not to sell. Here are some situations where waiting may be the better option: You’re Not Ready Mentally: Selling a practice requires emotional and mental readiness. If you’re unsure, there’s no downside to finding its value, but you may […]
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After attending the Viticus Group’s WVC Conference in Las Vegas, Matt & Kia discuss what they learned from discussions with other attendees. The dynamics of managing a practice are changing, and more vets are looking at selling well before they are ready to retire so they can do what they love without the hassle of […]
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The 2024 Western Veterinarian Conference (WVC) highlighted a growing trend among veterinary practice owners considering selling for reasons beyond retirement. Increasingly, owners are feeling the pressures of managing larger practices, struggling with staff retention, and facing difficulties competing against corporate platforms. Many expressed that the dynamics of managing a practice have shifted, with veterinarians now […]
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