Before you can consider selling your vet practice, you must understand its value. On this episode, Matt & Kia talk about “one offs” and “add backs,” and how they can impact your sale price. They also touch on the value of working with a veterinary broker that also owns an accounting firm.
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When selling a veterinary practice, ensuring a clear and accurate financial picture is key to maximizing value. Potential buyers will closely examine your financials, but there’s more to this process than just looking at profit and loss statements. This is where the concepts of “add-backs” and “one-offs” come into play. Understanding Add-Backs Add-backs refer to […]
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