Corporate sale: Multiple offers may mean millions

August 28, 2017
Portia Stewart, Editor, Team Channel Director
Portia Stewart, Editor, Team Channel Director

Portia Stewart is a pun-loving editor who spends her days arguing the differences between cats and commas (commas are a pause at the end of a clause, while cats have the claws at the end of the paws). She is a minion to two cats and a dog.

Whats your veterinary practice worth? Dr. Karen Felsted tells CVC attendees what to expectand how to get more.

How do you figure out what your practice is worth and what a corporate practice would buy it for? This is one of the burning questions that came about during a recent CVC-now Fetch!-session with Karen Felsted, CPA, MS, DVM, CVPM, CVA.

One of the main points Dr. Felsted wanted to drive home to those with this question: Don't take one offer-get an offer from maybe two or three different places. She follows it up with a story from a veterinarian who profited from taking more than one offer to buy her practice. Watch the full story below: