A Handshake Isn’t EnoughVeterinary practice partnership agreements need to be tightly written and account for eventualities, such as how disputes are settled and how a buyout is accomplished.
Insure your property properlyExtensions. Deductibles. Exclusions. Not understanding the terms of your commercial policy could leave you short on coverage.
The Fast TrackPractice ownership can happen early in a veterinarian’s career, and perhaps at a lower cost of entry, through one of a small number of franchisers.
Manage your expectationsA variety of factors helps determine what your practice is worth and what a buyer is prepared to pay. The market today isn’t all about consolidators.
Add bite to your dental businessA well-equipped and well-situated suite will help a hospital capitalize on the fast-growing service of oral care.
Problem-solvingDo too many clients reject your diagnostic recommendations? Poor staff buy-in and communication shortfalls might be why.
Be an employer of choiceModest improvements in benefits or pay, or both, can pay off when it comes to recruiting and retaining employees. An incentive program can help.
From the Editor
Independents Still Rule
Supported by big investors, consolidators have gobbled up a couple of thousand veterinary practices.