They are professional.

While it’s an essential part of an owning healthy business, providing someone with a magnifying glass into your practice’s financials can be unsettling.

Choose a valuator who feels trustworthy and keeps you looped into the process. A great valuator will demonstrate friendly interactions, consistent communication, and great listening skills. After all, a valuation isn’t a one-time thing – find someone you want along for the ride!

They are experienced – in both the veterinary and business world.

It’s crucial for your valuator to understand the veterinary practice environment as a whole – the profession overall and your practice in particular.

A valuator with a background in business and veterinary medicine is a bonus! They understand the fine print, the ins and outs of the industry, and can resonate with what’s important to you as an owner.

They are qualified.

Just as your clients trust your veterinary qualifications with their pets, business owners can find peace of mind with a valuator who is qualified to dive into the numbers.

Several business valuation organizations provide advanced valuation courses of study. Valuators with official credentials have completed advanced coursework and must maintain it through regular CE, recertification, and adhere to ongoing standards.