Veterinary practices maintain sensitive client information, including financial details, such as credit card information and Social Security numbers, that need to be protected from unauthorized access. Unfortunately, approximately 11,000 veterinary practices in the United States experience a cyber attack annually. Effective data privacy best practices can help veterinary practice owners protect client information from cyber […]
Continue reading…How to Negotiate Favorable Terms in Veterinary Vendor Contracts
In the veterinary industry, vendor contracts are crucial in ensuring that your practice runs smoothly and efficiently. The terms negotiated in these contracts directly impact your bottom line, from medical supplies and pharmaceuticals to equipment and technology. A well-negotiated vendor contract saves money and ensures your practice receives consistent, high-quality products and services. Here are […]
Continue reading…How to Handle Breach of Contract with Veterinary Suppliers: Legal Recourse
Contracts with suppliers are critical for the smooth operation of a veterinary practice, ensuring consistent access to medications, equipment, and other essentials. However, when suppliers fail to meet their contractual obligations, the resulting disruption can harm the business and compromise patient care. To protect your practice’s interests, knowing how to address a breach of contract […]
Continue reading…
The Tax Benefits of a PLLC for Veterinary Practices
Starting a veterinary practice can be an exciting but daunting process. Deciding on a structure for your veterinary practice can help you protect yourself and your business interests. Many states allow professionals, including veterinarians, to create a professional limited liability company (PLLC). In addition to providing personal liability protection, PLLCs offer several tax benefits, including […]
Continue reading…
Steps to Forming a PLLC for Your Vet Practice
Minimizing liability for yourself and your veterinary practice is essential for practice owners. Forming a professional LLC (PLLC) allows veterinary owners to create a professional identity for their practices while limiting their personal liability. Understanding the unique requirements and benefits of a PLLC can help you make an informed decision about how to structure your […]
Continue reading…
The Cost of Skipping Background Checks in Your Veterinary Practice
Conducting background checks can help protect your veterinary practice, staff members, patients, and their owners. Employees who work with patients need to be trustworthy, especially when working with vulnerable animals. Avoiding the negative consequences of skipping background checks can help your veterinary practice thrive. Skipping Background Checks Can Result in Liability When veterinary practices skip […]
Continue reading…
Legal Considerations for Background Checks in Veterinary Practices
An important aspect of owning a successful veterinary practice is ensuring you comply with state and federal employment laws. Conducting background checks on job applicants can help you hire employees who are safe, competent, and ready to contribute positively to your veterinary practice. Understanding the legal considerations for background checks and veterinary practices can assist […]
Continue reading…
Developing a Fair Employee Handbook for Your Veterinary Practice
Developing an employee handbook is an essential way to develop your veterinary practice’s culture and protect against litigation. Workplace dissatisfaction, conflicts, and even litigation are more likely to happen when employees don’t know what’s expected of them or the process for reporting discrimination, harassment, or other grievances. Creating an employee handbook is the first step […]
Continue reading…
Training Your Team on Equal Employment Laws and Practices
Whether starting a veterinary practice or purchasing an existing one, training your team on equal employment laws and practices is crucial. Taking an active approach to training your staff about anti-discrimination and anti-harassment policies can help promote a positive and safe culture for everyone in your company. Actively training your staff can also help you […]
Continue reading…
Due Diligence Checklist for Acquiring a Veterinary Clinic
Are you considering acquiring a veterinary practice? Engaging in the due diligence process is not just a step to check off but a crucial reassurance before you do so. The due diligence process involves carefully evaluating the financial stability and performance of the veterinary practice you’re considering acquiring. It’s a process that will give you […]
Continue reading…