Why do a self-evaluation?
Many veterinary practice owners or potential owners need to know the value of a practice. When considering buying or selling a practice, it is not always necessary to have a costly third party arbitrator to advise the interested parties of the value of a veterinary practice. |  |
The MPV Self-Evaluation Practice Appraisal provides an independent system based on standard valuation principles, that allows you to easily and effectively assess the potential worth of your practice.
What do YOU need to do?
If you have completed any of the MPV Surveys you will already know how much effort MPV Consulting places into creating simple easy to use worksheets. The MPV Self-Evaluation Practice Appraisal is no different!
You will receive easy to complete worksheets that:
- Asks 22 simple questions with multiple choice answers about the style and type of practice you operate.
- Supplies a simple financial worksheet that allows you to easily extract data from your end of year financial report or alternatively extract data from accurate in-house computer records.
- Requires you to answer 6 straightforward questions about proposed adjustments to financials.
- Once completed, the worksheets are returned to MPV Consulting where we perform the detailed analysis, raise queries as needed, and then return a comprehensive MPV Self-Evaluation Practice Appraisal document to you.
Who should use a self-evaluation?
- Practice owners wanting new strategies to improve practice value
Practice owners who want to identify a reasonable market value for their practice
- Practice owners acquiring evidence to determine a sale price for the business
- Potential future practice owners/partners wishing to determine a reasonable value for a practice they are considering purchasing.
- Practice partners or potential partners wishing to acquire information in determining a reasonable buy/sell price for a partnership
- Formal partnership agreements that use the MPV Self-Evaluation Practice Appraisal as the agreed terms for both entry and exit of the partnership.
- An MPV Self-Evaluation Practice Appraisal may also suit parties in conflict who can either; jointly complete an MPV appraisal or, alternatively complete two separate MPV appraisals, and then negotiate a settlement. This may include low-conflict divorces or partnership splits that primarily require reasonable evidence to satisfactorily negotiate a settlement
Security and confidentiality assured!
 | MPV Consulting deals with sensitive veterinary practice information on a regular basis. We understand the need for privacy and take pride in dealing with all information in a confidential manner at all times. |
You specify the name of ‘confidential contact’ and we deal ONLY with this person or persons.
What about a potential purchaser?
It is not unusual that a practice seller will supply a formal appraisal document to the potential purchaser of their business. A potential purchaser may also wish to get an independent view of the practice that they are considering purchasing. |  |
MPV Self-Evaluation Practice Appraisal is the ideal opportunity for a potential purchaser to determine their own value of a practice without the costs of a third party arbitrator.
What will you receive in return?
MPV Consulting is aware that your MPV Self-Evaluation Practice Appraisal document may potentially be presented to a third party as part of a sales negotiation. As a result the quality of the documentation is of an exceptionally high standard in both presentation and content.
It includes:
- Two copies of a 20 page MPV Self-Evaluation Practice Appraisal bound as a reference document
- Comprehensive description of the methodology used in the appraisal
- Complete itemisation of factors that have influenced your appraisal
- Documented financial information and adjustments that were relevant in calculating the appraised value
- A clear and definite appraised market value for your practice
Why use MPV Consulting?
 | - Our wide-ranging experience of the veterinary industry collected over 19 years of dealing with veterinary practices.
- Our knowledge gained through dealing with over 800 veterinary practices in Australia.
- Our exclusive access to comprehensive industry benchmark data collected in the popular MPV Consulting business benchmark surveys.
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- Our unique system of calculating an unbiased business multiple for your appraisal based on factual statistical data rather than “the opinion” of a third party.
- Our analysis of your practice financial data and detailed comparisons to industry standards.
- Our easy to use worksheets to be completed by either you or your accountant.
- The low cost
When is self-evaluation inappropriate?
The MPV Self-Evaluation Practice Appraisal is not an “arms length” independent valuation. The information for the appraisal is provided by you. As a result the MPV Self-Evaluation Practice Appraisal would not be suitable in the following situations:
- Situations of irresolvable conflict that require fully independent arbitration.
- Situations where third parties (such as banks and financial institutions) require a totally independent “arms length” valuation
Guaranteed 10 days delivery!
MPV Consulting gives a guarantee to all participants using MPV Self-Evaluation Practice Appraisals that the final appraisal will be completed and placed on Express Post back to you within 10 working days.
If we cannot fulfill this promise then your MPV Self-Evaluation Practice Appraisal will be done for FREE!
The 10 working day guarantee is initiated upon receipt by MPV Consulting of both your fully completed worksheets and your satisfactory response to queries that we may raise regarding the appraisal.