FFB (6/17/2021)
This webinar will discuss current veterinary practice benchmarks and where growth is projected within the profession in the coming years. Attendees will gain valuable keys to successful practice ownership and strategies for successful ownership transitions. A step-by-step process to buying a practice will be shared, as will successful business strategies for new and current owners. This webinar will also highlight acquisition do’s and don’ts, share tips on writing a business plan, and provide real-life examples of determining the value of a practice and what the process of financing your dream really looks like.
What You'll Learn
- The process for starting an application and what should be provided to the lender
- Strategies for a successful acquisition and transition
- Components of a business plan and how to get started
- Discuss down payment and collateral requirements for a business loan
- How to be a good loan candidate and how debt impacts the ability to get a loan
- Compare and contrast start-ups versus acquisitions
This webinar will discuss current veterinary practice benchmarks and where growth is projected within the profession in the coming years. Attendees will gain valuable keys to successful practice ownership and strategies for successful ownership transitions. A step-by-step process to buying a practice will be shared, as will successful business strategies for new and current owners. This webinar will also highlight acquisition do’s and don’ts, share tips on writing a business plan, and provide real-life examples of determining the value of a practice and what the process of financing your dream really looks like.
What You'll Learn
- The process for starting an application and what should be provided to the lender
- Strategies for a successful acquisition and transition
- Components of a business plan and how to get started
- Discuss down payment and collateral requirements for a business loan
- How to be a good loan candidate and how debt impacts the ability to get a loan
- Compare and contrast start-ups versus acquisitions