Wednesday, April 25 - Thursday, April 26
7:30 - 8:30 am — Breakfast
8:30 AM - 5 pm — Seminar
Cost: $499, if registered by March 14
Includes:
-14 hours of CE
-Breakfasts, lunches, and proceedings book
Practice Valuation Workshop for Owners and Potential Owners
Presented by Denise Tumblin, CPA
Considering making or accepting an associate buy-in offer? Planning to buy or sell a veterinary practice now or in the future? Seeking strategies to maximize your practice value for potential sale? Top financial consultant Denise Tumblin will guide you successively through your practice’s financial reports and help you apply the results to your situation — no matter how unique. Bring your buyers or sellers, or we’ll provide sample information so you’ll be ready.
"Packed with take-home tools and practical information! I’ll use what I learned to increase our practice’s profitability."
Your takeaway toolkit will include:
• Knowledge about how to determine the value of your practice
• An understanding of the importance of management decisions in relation to a sale
• Step-by-step action plans to minimize sales tax, improve profit, increase value, and transition to new ownership
• A jump drive with all the spreadsheets used in the course — customized with your own data
What you need to bring:
• A calculator
• Multiple highlighters (multicolored)
• Your practice’s federal income tax return for the year-end Dec. 31, 2011 (or your fiscal year-end), with all supporting schedules and statements
• Year-end Dec. 31, 2011 (or fiscal year-end) profit-and-loss statement
•Balance sheet as of Dec. 31, 2011 (or fiscal year-end)
• Year-end Dec. 31, 2011 (or fiscal year-end) revenue-by-provider report from your practice management software
• Year-end Dec. 31, 2011 (or fiscal year-end) revenue by service and product categories from your practice management software (for the entire practice, not per doctor)
• Accounts receivable aging report as of Dec. 31, 2011 (or fiscal year-end)
• The current value of your practice real estate (if you own the real estate)
Questions about what to bring?
Email cvc@advanstar.com.
 | Denise L. Tumblin, CPA
Denise Tumblin is president and owner of Wutchiett Tumblin and Associates, a Columbus, Ohio, firm offering management advice as well as valuation and acquisition services to equine and companion-animal practices. Tumblin merges her business skills, farm background, and personal interest in companion, equine, and food animals to assist clients in achieving their goals.
In addition to her consulting work, Tumblin is a featured speaker, a Veterinary Economics Editorial Advisory Board member, and she directs the annual Benchmarks Study of Well-Managed Practices. |
