Practice Ownership

What’s your exit strategy?

For practice owners, slapping a “For Sale” sign on your hospital doesn’t cut it. You need to find a buyer who will pay a fair price, accommodate your needs and preserve the culture you built.

Practice Ownership

You owe it to yourself

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

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.

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.

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.

Finance

An inside job

Many embezzlements occur because a practice has not implemented appropriate internal controls.

Practice Ownership

Selling your hospital can’t be your only retirement plan

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

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.

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.

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.

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