The VetStory Podcast

← The VetStory Podcast15 juin · 36 min

What Practice Owners Need to Know Before Selling Their Clinic with Jordan Morelli

What Practice Owners Need to Know Before Selling Their Clinic with Jordan Morelli15 juin36 min

In this episode, I sit down with returning guest Jordan Morelli to talk about selling a veterinary practice.

Jordan is a corporate lawyer who works with veterinarians and practice owners across Canada. He helps with incorporations, leases, employment agreements, practice purchases, practice sales, succession planning, and the legal pieces that come with owning a clinic.

We talk about the difference between a legacy sale and a corporate sale, what a letter of intent actually means, when practice owners should involve advisors, and why tax planning needs to happen well before the sale.

Jordan also shares why selling a practice is not just about the final price. Culture, values, timing, team communication, and the right advisory team all matter.

We get into the current market, what corporate buyers are looking for, why some clinics are harder to sell, and what practice owners can do years in advance to increase the value of their clinic.

This episode is for any practice owner who is thinking about selling someday, whether that is next year, five years from now, or sometime in the mysterious land called “eventually.”

Because the big takeaway is simple.

Do not wait until you are ready to leave before you start planning your exit.

You can find Jordan at linmac.com.https://linmac.com/our-team/jordan-morelli/