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Practice Ownership

You owe it to yourself

Practice Ownership

You owe it to yourself

Practice owners need to be fairly compensated. A four-tier formula is the answer.
Your Fair Share

Practice Ownership

Your Fair Share

How veterinary hospital owners are paid — and how much — depends on the responsibilities they hold and the budgets and policies that are in place.
A place to call your own

Practice Ownership

A place to call your own

Starting a veterinary practice represents a major investment that will reshape your entire professional career and your personal life.
Calculated risks

Practice Ownership

Calculated risks

Whether you run a large hospital or own a small general practice, know that you have options with employee health insurance.
An inside job

Finance

An inside job

Many embezzlements occur because a practice has not implemented appropriate internal controls.
Selling Your Hospital Can’t Be Your Only Retirement Plan

Practice Ownership

Selling Your Hospital Can’t Be Your Only Retirement Plan

Retirement planning should begin well in advance of a potential sale.
Uneasy Street

Practice Ownership

Uneasy Street

Just as we must convey the value of what we recommend for a client’s pet, we must understand the value of monitoring the financial health of our practices.
Know when to fold ’em

Practice Ownership

Know when to fold ’em

Ideally, you want to sell your practice for maximum profit, with minimal disruption and at a time that works best for you.
The real deal

Finance

The real deal

Getting a good deal for your hospital involves more than just the sales price. The sales terms could have an impact on your personal finances and lifestyle for years afterward.
The Goldilocks concept

Practice Ownership

The Goldilocks concept

Corporate consolidation is well underway. It’s a natural economic response to a very successful and fragmented industry.
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