UA-170695639-1 Maximizing Your Veterinary Practice Sale Value - The Veterinarian Success Podcast

Episode 59

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Published on:

25th Oct 2020

#59 Carson Taylor - Maximizing Your Practice Sale Value

In this episode, I'm joined by Carson Taylor of VetValue a digital veterinary practice valuation service. VetValue's focus is improving the accuracy, efficiency, and providing actionable intelligence with valuations. Carson and I discuss the following:

  • Why so many veterinary practice owners don't know the value of their business?
  • How working at RBC in Investment banking on the CAPNA/VCA deal got his start in veterinary medicine. 
  • His view on consolidation firms vs. private practice?
  • Where is the opportunity for younger veterinarians to buy a practice?
  • The Ebay or structure auction process.
  • How much leverage does a seller have? 
  • What do deals look like today? What are the multiples?  
  • He shares why some of the appraisal standards today aren't as beneficial as in years past?
  • What is the cost to sell a practice?
  • P/E Model for evaluating who should be your team. Baking contest idea...find your fit. 

Carson’s LinkedIn

Vetvalue.pet

VetValue LinkedIn

VetValue Facebook


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About the Podcast

The Veterinarian Success Podcast
Welcome to the Veterinarian Success Podcast where you go in-depth with a veterinarian specific financial planner Isaiah Douglass, MBA, CFP® to hear stories, opinions, and leading information about the world of veterinarian medicine from industry professionals. The podcast covers topics relating to the clinical, business, financial, and personal side of to help encourage, promote, and advocate for a healthy and happy standard of care for veterinarians, their families, their staff, and their businesses.

About your hosts

Isaiah Douglass, MBA, CFP®, CEPA

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I am a CERTIFIED FINANCIAL PLANNER™ and a Fee-Only advisor. I left a large national firm to found a solo financial planning firm in 2018 to pursue a planning approach dedicated to identifying ways to grow the net worth of veterinarians and dentists. In the summer of 2020, I merged with another financial advisor and became a partner in Vincere Wealth Management.

To check out Vincere Wealth Management ➡ www.vincerewealth.com

Provide

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Lendeavor is now Provide. We're the modern practice finance company, innovating for dentists, veterinarians, and other healthcare professionals like you. Today, more than ever — as our country perseveres through a global pandemic — we recognize the importance of healthcare providers. We call ourselves "Provide" in tribute to you.