Will a Ban on Veterinary Non-Competes Impact Practice Valuations?

There is A LOT of buzz in the profession right now with the FTC’s recent recommendation to ban most non-competes nationwide. But what does this mean for veterinary practice owners like you? And how might it affect your practice’s price tag if you decide to sell?

In this video, I’ll separate fact from fiction regarding veterinary non-competes. What’s true at this point and what’s merely chatter? Let’s cut through the noise and dive into what you should do as a practice owner right now.

Timestamps:
0:00 Introduction
06:00 Background on non-competes in 2024
11:45 Are non-competes “fair” in the veterinary profession?
18:28 How non-solicitation agreements can offer protection
21:23 California’s ban on non-competes & its impact on practice valuations
24:02 FTC ruling: What should practice owners do right now?
30:04 Questions and answers

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Ackerman Group is the veterinary profession's leading practice sales broker. We’re the go-to expert source for owners who are interested in selling their animal hospitals to the corporate market.

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