As the specialist veterinary business consultants, Anval get asked a lot of questions on various aspects of valuing a practice, but one of the most frequent queries – and one of the thorniest issues to resolve – is how to put a value on all the fixtures, fittings and equipment that are found in a typical practice. What’s it all actually worth? Is the value on the balance sheet the same as the actual value of the equipment? What the outgoing partner regards as a valuable asset may be seen by the new purchaser as being fit only for the dustbin. And how do you assess the autoclave that only functions on one cycle, or the ophthalmoscope that has a lens missing? And computer hardware is even more difficult to value – it starts to depreciate almost before it’s been unpacked, and is probably obsolete within a year of purchase. Anval can offer guidance on how to reach a realistic and fair value for equipment – whether you are buying or selling a practice.
More information can be had by contacting them on 01963 370168 or via e-mail firstname.lastname@example.org.