Selling a veterinary practice involves far more than finding a buyer and agreeing on a price. As Matt Arena and Kia Banisadre discuss in a recent episode of 360 Half Seconds, some of the smoothest transactions begin well before a practice officially goes to market. Preparation matters. But how do you know whether you’re actually […]
Key Takeaways Start preparing well before you plan to sell. Clean financials and a current valuation can help you understand where you stand and what may need attention. Surround yourself with advisors who understand veterinary practice transactions. A strong, trusted practice team can make the transition and due diligence process easier. Address known problems before […]
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 […]
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 […]
What’s one thing practice owners can do this week to improve financial clarity? In this episode, Tom Seeko of Florida Veterinary Advisors (https://flveterinaryadvisors.com) explains why clarity starts with understanding your numbers, and why so many owners struggle to slow down long enough to see what’s really happening in their business. From revenue and net income […]
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 […]
Key Takeaways Most vets say they feel “unburdened” and noticeably lighter once the sale is complete. They can still practice medicine but without the constant pressures of ownership. They finally regain their free time, allowing them to attend their kids’ activities, revisit hobbies, and take more vacations, often for the first time in years. They […]
Selling a veterinary practice is often discussed in terms of numbers, valuations, offers, multiples, and tax outcomes. But for many owners, the emotional shift that follows the sale is just as meaningful. In this episode of 360 Half Seconds, Marketing Director Bonnie Ruszczyk sits down with Vice President of Sales & Business Development, Kia Banisadre, […]
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 […]
When a veterinary practice has multiple owners, selling the business becomes more complex—but not impossible. In a recent episode of 360 Half Seconds, Matt and Kia tackled one of the most common and nuanced scenarios they encounter: How can a group of partners successfully navigate the sale of their practice? Alignment Is Key The biggest […]