Practice Management

WVC 90th Annual Conference

(PM10) A Buyer’s Guide to Practice Appraisals

Thursday, March 8
9:00 AM - 9:50 AM
MBCC, Breakers B, Level 2

CE Credits: 1

The price you pay for a practice has a profound impact on your ability to succeed once you are an owner. Therefore, it is critically important not to overpay for a practice. Not all veterinary appraisals or appraisers are created equal and this session will help users of veterinary appraisals better understand the portions of an appraisal that have the most significant impact on the conclusion of value.

Michael D. Hargrove

Valuation Analyst
Summit Veterinary Advisors

Dr. Hargrove has been a small animal practitioner since 1991 and currently owns a seven-doctor small animal practice in Duluth, Minnesota that has been AAHA certified for 38 years. In addition to his clinical and ownership duties, he has worked as a management consultant, specializing in business valuation, since 2001. He is a charter member of VetPartners and has been active on the Valuation Council of that organization for the past ten years. Dr. Hargrove is also a shareholder in an emergency practice that has seven locations throughout the state of Minnesota. He has been on the board of governors of that organization for the past eight years, serving as President/CEO from 2012-2016. Dr. Hargrove is a three-time graduate of Colorado State University, including a DVM degree in 1991 and an MBA degree in 2001. He has presented locally and nationally on a wide variety of veterinary management topics.

Presentation(s):

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(PM10) A Buyer’s Guide to Practice Appraisals

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