#75 Radio Show - Exit Planning: A Primer
In this episode, I share and discuss one of the biggest topics not being talked about enough which is how to exit when you are a veterinarian that is a practice owner. If you are a veterinary practice owner this is a must-listen episode. Whether you are 40 or 60 exit planning is simply a good business strategy. There are opportunities to exit both young and old and you need to be prepared. I share and discuss the following:
- Why we are in the golden age of veterinary medicine.
- The timeline you need to start planning your exit.
- What the process should look like and the steps.
- What most veterinarians have done from an exit planning strategy.
- Four key elements to your practice.
- Transition timing elements.
- What drives valuation and what is the formula.
- What are veterinary multiples.
- Private Equity overview
- Next steps