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Valuation of Veterinary Practices: Understanding the Theory, Process, and Report, Second Edition

by Lorraine Monheiser List, CPA, CVA

This resource, designed for practice owners and buyers, provides insight into valuation theory and how to work with appraisers.

$39.95 Member
$49.95 Nonmember

Product Code:
VLVT2
Pages:
120
ISBN:
978-1-58326-145-3
Publication Year:
2011
Format:
Book
Dimensions:
7 3/8" x 9 1/4"
Publisher:
AAHA Press


Established methods for valuing veterinary practices have evolved over time, and valuation theories have become more standardized as buyers have continued to refine the best methods of seeking and acquiring quality practices. Unfortunately, valuations just can't be reduced to a formula that consistently yields reasonable results. No two practices are identical. That means the value of a practice is not a single figure, but a range of reasonable values at that point in time. Valuation of Veterinary Practices provides insight into valuation theory and practice for both owners and potential buyers. It also provides information on appraisers, along with tips on how to effectively work with one.

The second edition has been updated with:

  • More in-depth discussion on choosing an appraiser
  • How the purpose of the valuation impacts the choice of method(s)
  • When and how valuation is important to veterinarians
  • Advances in valuation theory
  • Information on valuing referral and equine practices

Both owners and potential buyers will benefit from knowledge about how outsiders may view a practice. Such insight can help them build or buy a better practice. This helpful resource also includes a sample valuation from beginning to end.

Lorraine Monheiser List, CPA, CVA, is a nationally recognized consultant and speaker on financial topics and practice management. She is the author of seven books on practice transitions and compensation models. In 2013 she received the Distinguished Life Member Award from VetPartners, the association for veterinary consultants.
Preface
 
1. Introduction: The Evolution of Veterinary Practice Valuations
2. The Valuation Process: What to Expect
3. Choosing a Practice Appraiser
4. Communicating Effectively About Appraisals
5. The Valuation Process In-Depth: A Guide for Buyers and Sellers
6. What to Look for in an Appraisal Report
7. Case Study
“This is it—a must read for everyone who needs to have a practice valued. . . . This publication provides the knowledge you need to choose the right appraiser and make sense of the value delivered.”
—David F. King, DVM, AVA, president of Simmons Southcentral