You’ve dedicated a good part of your life to running a veterinary practice. You’ve worked hard to build up a quality client-base and a good reputation in the local community. You’ve built up your assets and developed a great team. Now it’s time to sell up and retire or move onto something new.
But there’s a lot of things to take into consideration. You’re concerned that you won’t get a good return on investment.
Develop a full exit strategy. The first step is to conduct a comprehensive review of your practice. It’s a bit like selling a house: Find out what areas can be improved in order to maximise the value.
The next step is to put it up for sale, find a buyer and negotiate. This requires a smart plan to make sure the process goes smoothly from start to finish.