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How the “Hot Hand Fallacy” can ruin your practice value
07 Apr 2025 - Simon Palmer - Vet Practice SalesWhen your practice has been stable, or on a growth trajectory for the past few years, it’s easy to start believing that it will always be like this. That tomorrow will always be the same as today and next year will be like this year. It is easy to start believing that the strength of your practice, and its valuation if put to market, is secure into the future.
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My husband and I are veterinarians who were looking to buy our first practice. After a lengthy search and process I am happy to say that we are now the proud owners of a great practice and premises in Bundaberg QLD. It wouldn’t have happened without the help that we received from Lisa Singh from Practice Sale search who was there to guide us through the process. From the very first call, Lisa was absolutely amazing. Even though she was representing the vendor, she was extremely helpful, reassuring and she went above and beyond what we expected. She was always available to take a call, respond to emails and always made a plan to make sure everything went smoothly. Thank you Lisa & Practice Sale Search –we wouldn't have done it without you! We will be happy to recommend your site to anyone looking to buy a vet practice.
Dr Bridgette Gambanga - Bundaberg East, QLD - 21 Nov 2024
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