Practice Matters

Milkshake, a leading provider of marketing solutions for the professional services industry, has today announced they are launching into the veterinary sector.

Lumbry Park Veterinary Specialists, a small animal referral hospital in Alton, Hampshire, has been awarded a Gold Standard for the way it cares for its feline patients from the International Society of Feline Medicine (ISFM), the veterinary division of feline charity International Cat Care. 

Here, Emily Wheatley, solicitor at Goodman Grant, discusses some of the options available to you when selling your veterinary practice and you own the freehold or long leasehold…

Taking out finance to cover the cost of procedures is not only becoming increasingly popular in many sectors, but also easier and quicker, and it’s no different for vets where your clients may want access to finance to pay for medical procedures for their pets.

When buying, and selling a veterinary practice there are several factors that must be considered, and numerous questions that should be posed (and hopefully) answered.

To complement their range of CT, MRI & Ultrasound scanners, MIUS are proud to announce a new range of CPD courses for 2017 for CT and Ultrasound users.

Taking out finance to cover the cost of procedures is not only becoming increasingly popular in many sectors, but also easier and quicker, and it’s no different for vets where your clients may want access to finance to pay for medical procedures for their pets.

Vet practices are in high demand at present – with demand being fueled primarily by the corporates both big and small – with the big ones looking to get even bigger, and the smaller ones hungry for more.

The sale or purchase of a veterinary practice is likely to be one of the largest financial transactions that a vet will make. Whether selling or buying, it helps to be prepared in terms of understanding the process and the logistics involved at the outset.

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