{"id":758,"date":"2022-10-04T18:55:42","date_gmt":"2022-10-04T18:55:42","guid":{"rendered":"https:\/\/360vetsales.com\/?p=758"},"modified":"2022-10-04T18:55:42","modified_gmt":"2022-10-04T18:55:42","slug":"dont-leave-money-on-the-table-by-missing-add-backs-one-offs","status":"publish","type":"post","link":"https:\/\/360vetsales.com\/dont-leave-money-on-the-table-by-missing-add-backs-one-offs\/","title":{"rendered":"Don\u2019t Leave Money on the Table by Missing Add Backs & One Offs"},"content":{"rendered":"

\"VeterinariansWhen selling your veterinary practice, you should understand that the price you get will be based on a valuation of your EBITDA (earnings before interest, taxes, depreciation, and amortization). EBITDA is a measurement of a business\u2019 free cash flow and a good way to understand how much cash a business generates from operating activities alone since it excludes things like debt and other non-operating expenses.<\/p>\n

To truly leverage your value, your valuation should be based on Adjusted EBITDA. This is when EBITDA moves up or down based on one-off or add back expenses.<\/p>\n

What can we use to adjust EBITDA? The short answer is a lot of things, and it changes from practice to practice. Here is an example:<\/p>\n