Monthly Bookkeeping Routines That Keep Your Veterinary Practice Sale-Ready
Why Sale-Readiness Starts With Monthly Bookkeeping Monthly sale-ready routines include reconciling bank and credit card accounts, categorizing all revenue streams, tracking GST/HST, processing payroll remittances on time, reviewing accounts receivable, filing source documents, and comparing profit and loss to prior periods to catch issues early. The Canadian veterinary sector is growing quickly. According to the CVMA’s 2024 Economic […]
How Intangible Assets Increase Your Practice Valuation
Why Two Nearly Identical Veterinary Practices Can Have Wildly Different Valuations Imagine two veterinary practices in the same city. They have similar revenue, equipment, and staff numbers. On paper, they look almost identical. Yet, when it comes time for a valuation, one is worth significantly more than the other. Why? The answer lies beyond the balance sheet in the […]
Understanding the Value of Your Veterinary Practice
What’s Your Canadian Veterinary Practice Worth? A Guide to Valuation As the owner of a growing veterinary practice, your focus is on caring for animals and the people who love them. You are busy managing day-to-day operations, from patient care to staffing and inventory. But have you ever paused to consider what your business is […]
