avatar

#75 Radio Show - Exit Planning: A Primer

The Veterinarian Success Podcast
The Veterinarian Success Podcast
Episode • Feb 21, 2021 • 23m

In this episode, I share and discuss one of the biggest topics not being talked about enough which is how to exit when you are a veterinarian that is a practice owner. If you are a veterinary practice owner this is a must-listen episode. Whether you are 40 or 60 exit planning is simply a good business strategy. There are opportunities to exit both young and old and you need to be prepared. I share and discuss the following:

  • Why we are in the golden age of veterinary medicine.
  • The timeline you need to start planning your exit.
  • What the process should look like and the steps.
  • What most veterinarians have done from an exit planning strategy.
  • Four key elements to your practice.
  • Transition timing elements.
  • What drives valuation and what is the formula.
  • What are veterinary multiples.
  • Private Equity overview
  • Next steps

Switch to the Fountain App