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:

  1. Asks 22 simple questions with multiple choice answers about the style and type of practice you operate.
  2. 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.
  3. Requires you to answer 6 straightforward questions about proposed adjustments to financials.
  4. 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.
  • 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.

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Current Surveys 2019

 
MPV YOUR Portal: is a FREE  private portal where practice owner & managers can access everything to do with their clinic PRIVATELY. This includes survey downloads, uploads, results (both current & historical) and much more. If your clinic does not currently have access to this private portal or you have lost it please contact MPV Consulting:
Email: rob@mpvconsulting.com.au
Phone: 07 3040 6227
 
 

 
 
Employee Hourly Rate Survey 2019
 
 A truly worthwhile survey!
 
This survey will open 1st March 2019

 
The MPV Employee Hourly Rate Survey is our second most popular survey. Our goal is to help YOU to understand what is fair and reasonable pay for your staff!
 
The reality is that the veterinary industry is reasonably small and there is significant communication between members of the profession. Your staff are probably more likely to talk about their pay situations to their colleagues than to you.The biggest advantage is that this survey allows you as an employer to know what the market is paying before you enter into negotiations with staff regarding their wages.
 
 "It would help my staff appraisals knowing what other practices pay their staff!" Could be you!

 
 
You can still participate - Contact Us
 

  
 
 
 
Fees Survey 2019
 
Our most popular and valuable survey!
 
This survey will open 1st April 2019
 
As one of our regular survey users said:
"I just don't understand why everyone does not participate in the Fees Survey, Fees are so crucial to practice performance. It is a no brainer!"
 
 

You can still participate - Contact Us
 


 
 
A prized supplement to the Fees Survey!
 
This arguably the GREATEST tool we have produced yet! You choose where in the industry you want to be positioned and MPV will supply you with the EXACT FEES TO CHARGE to achieve your goal. It make fee setting a breeze AND it is a much more professional approach that adds to profitability.
 
  

 

 
 
 
This survey will open 1st October2019
 
If you want to know what represents good profit, know what you as a partner or business owner should be earning, know where you are going right or wrong, then this is the survey for you! You will truly learn where you stand in the big picture along with the tools to identify where changes are required.
 
"In my opinion this is the most important and valuable survey we offer!"
Rob White (Director MPV Consulting)
 
  
 

 
 
(Available any time)
 
Need to find out what your veterinary practice is worth?
Maybe it is time to perform an MPV Practice Appraisal on your business!

Every practice should know what their practice is worth. If it is worth as much as you think then that is a good outcome. If it is not worth as much as you think then it is time to do something about it! How would you know unless you get an independent such as MPV Consulting to calculate the value for you.
 
 
Click here: To download Appraisal application form
 
Price update:  the MPV Self-Evaluation Appraisal price is $1750.00 inclusive of gst.