In Need of a Veterinary Practice Valuation?
VETERINARY PRACTICE VALUATION IS IMPORTANT WHEN:
- You are estate planning or preparing for retirement.
- You are preparing an exit strategy.
- You are ready to sell all or part of your practice.
- You are ready to buy a practice.
- You want to know how much a practice is worth.
PS BROKER SHOULD PROVIDE YOUR PRACTICE VALUATION BECAUSE:
- We have a Certified Valuation Analyst on staff who specializes in evaluating veterinary practices.
- We provide an in-depth telephone conference, written summary, and financial spreadsheet.
- Our valuations are highly regarded throughout the industry as accurate, realistic, and reliable.
NACVA’s globally recognized Certified Valuation Analyst (CVA) designation is the most widely recognized business valuation credential and the only business valuation credential accredited by the National Commission for Certifying Agencies® (NCCA®) and the American National Standards Institute (ANSI).
THE DIFFERENCE BETWEEN VALUATION AND APPRAISAL
When it comes to determining the value of a veterinary practice, people often use ‘appraisal’ and ‘valuation’ interchangeably, which is inaccurate. Veterinary practice appraisal legally refers to the physical property of the practice, or the real estate. Valuation, however, refers to the non-real estate assets of the business, equipment, inventory, client database, etc. The difference is important. When dealing with a practice in a leased facility, there is no real estate.
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PS Broker will help you with veterinary practice valuation, whether you’re looking to purchase a veterinary practice or sell your own.
With more than forty years of firsthand experience, we know just how important a valuation is.