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What Should I Be Focused On? KPIs for Veterinary Hospitals
Running a veterinary hospital is a lot like managing any other healthcare facility – it’s important to keep an eye on various Key Performance Indicators (KPIs) to see how things are going. These KPIs give you a clear picture of your hospital's financial health, operational success, and the quality of care you're providing.
But my practice has so much potential!
Valuing professional practices like those of veterinarians and dentists can be complex. Unlike tech startups, these practices are usually assessed based on historical financial performance rather than future potential. This conservative approach is due to their nature, risk profiles, and specific valuation metrics. In this article, we'll explore why buyers often prioritize past financial performance over potential growth for veterinary and dental practices.
Why Sell with Wicklow?
Imagine having a knowledgeable friend by your side as you navigate the intricate maze of selling your business. That's what Wicklow Healthcare Advisory brings to the table – seasoned expertise, industry insights, and a commitment to your success.
Happy Tax Day 2024
It's Tax Day—time to kickstart your planning! So, you're mulling over selling your business and pondering your legacy? Well, first things first: Take a deep breath in (three times, no less!), and let it out just as many. Feeling a bit overwhelmed? No worries! Just breathe, relax, and let's zone in.
Introduction to Wicklow
Alright, time to pass the leash to a new owner and embark on a new journey. But let's make sure you get the best financial deal possible for your hard work. Ready? Let's talk about selling your veterinary practice.