In this episode, I'm rejoined by veterinary attorney Justin Weaver of Oberman Law Firm. Justin has an extremely high concentration of veterinary clients and is a well of knowledge on all things legal and veterinary medicine (except for litigation as he lets you know). In this broad conversation, we build on our episode #41 to help a current owner think through a practice sale.
An update on the market for veterinary practice demand - seeing a little slowdown.
The backdrop on the ingredients for a sale environment.
Scheduling and timing of a sale.
Non-competes and a sale.
The challenges of actually proceeding with a life-changing transaction.
Private vs. Corporate and what the future may hold.
What's the actual valuation of the stock/equity doctors often get.