For those of us who are employed, planning for retirement often requires little more than selecting a leaving date. But for those of us who own and run a veterinary practice, it’s a whole lot more complicated. Anval, who specialize in offering business advice to the profession, has many years’ experience helping with varied and often difficult issues that crop up when a vet wants to sell up and retire.
Peter Gripper, managing director, explains. “Many owners seem to think that when they come to retire, they can simply sell out to junior partners or assistants, or just stick a small advert into the Vet Record and an eager buyer will turn up the next day. It is much, much more complex than that. The best advice I can give is – be prepared.
Do you know what prospective buyers will look for when they consider buying your practice? Do you know what figures they will wish to see, what questions they will ask, and what due diligence is and what it involves?”
If you are unsure about the answers to these questions, Anval can offer more information – 01963 370168 or e-mail firstname.lastname@example.org