#59 Carson Taylor - Maximizing Your Practice Sale Value
In this episode, I'm joined by Carson Taylor of VetValue a digital veterinary practice valuation service. VetValue's focus is improving the accuracy, efficiency, and providing actionable intelligence with valuations. Carson and I discuss the following:
Why so many veterinary practice owners don't know the value of their business?
How working at RBC in Investment banking on the CAPNA/VCA deal got his start in veterinary medicine.
His view on consolidation firms vs. private practice?
Where is the opportunity for younger veterinarians to buy a practice?
The Ebay or structure auction process.
How much leverage does a seller have?
What do deals look like today? What are the multiples?
He shares why some of the appraisal standards today aren't as beneficial as in years past?
What is the cost to sell a practice?
P/E Model for evaluating who should be your team. Baking contest idea...find your fit.