About the Author
Leslie A. Mamalis is the senior consultant at Summit Veterinary Advisors and the firm’s former owner. She provides practice valuations, profitability assessments, feasibility analyses, and financial consulting to veterinary specialists and general practices. She is a past co-chair of the VetPartners Valuation Council.
Written By This Author
Practice OwnershipIf you want complete control of a veterinary practice, own at least a majority share. Anything less is more affordable, but your influence wanes.
FinanceEvery veterinary practice should have ready access to financing to cover shortfalls and for emergency use.
FinanceA buy-in can be a win-win for an associate veterinarian and the practice owner.
Human ResourcesYou’re free to discount services and products as an employee benefit, but the government wants its cut at some point.
Practice ManagementDoes your practice need to be open six days a week?
FinanceFor both parties, due diligence is a time-consuming but fundamental step in the sale of a veterinary practice.
If business is slowing, or even if it isn’t, you can take steps to stay on the right path.
If all you want is a talented tax preparer, take your pick.
A spike in payroll to attract job candidates and please current team members might be within your means if you consider a few things first.