Owning your own veterinary practice can be a great experience. Not only can it be personally and professionally rewarding, but it also can be quite lucrative. However, like all things, owning a veterinary practice has its good and bad points. If you are considering purchasing your own veterinary practice, you must make sure you’re aware […]
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Common Problems Veterinarians Face
The veterinary profession is extremely rewarding. The ability to nurse people’s pets back to health day in and day out is every animal lover’s dream. However, like any other career, the veterinary field isn’t without its challenges. Below are some of the most common problems veterinarians face. Angry Customers Most pet owners are easy to […]
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Common Veterinary Practice Sales Myths
If you’re considering selling your veterinary practice, there’s a lot you need to consider. Unfortunately, as you wade through the sea of information on this topic, you’re bound to come across some inaccurate information. Specifically, there are a few pervasive myths out there about veterinary practice sales that can put a huge damper on your […]
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What Is Veterinary Practice Goodwill Value?
If you are considering buying or selling a veterinary practice, it’s important that you become familiar with the terminology. One term that you will run across during the veterinary practice sales process is “goodwill value.” As we explain below, goodwill value must be assessed in every veterinary practice transaction in order to reach an accurate […]
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Things to Consider When Choosing a Veterinary Practice Litigation Attorney
If you are facing a legal issue involving your veterinary practice, you need a veterinary practice litigation attorney on your side. However, before choosing an attorney, there’s a lot you need to consider. Choosing the right attorney is extremely important, and the wrong decision can have a huge impact on your veterinary practice. Below are […]
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COVID-19 Veterinary Practice Tips
The COVID-19 pandemic has taken its toll on everyone, including veterinary practice owners. Veterinary practice owners who fail to adapt to the current environment run the risk of going out of business. However, those owners who take proactive steps to continue serving their customers during the pandemic are likely to make it through unscathed. If […]
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Understanding Veterinary Malpractice Litigation
Veterinarians are required by law to adhere to the protocols and practices of the veterinary field. When a veterinarian fails to meet the standard of care for the veterinary industry, he or she may be sued for veterinary malpractice. As a veterinarian, it’s important that you understand how to avoid becoming the recipient of a […]
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Choosing the Right Business Structure for Your Veterinary Practice
When starting a veterinary practice, it’s important to choose a business structure that will allow you to meet your goals. However, there are several business structures to choose from, and it can be difficult to decide which direction to go. Therefore, after reviewing the following information, you should contact an experienced veterinary practice attorney for […]
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Common Misconceptions About Buying and Selling a Veterinary Practice
Whether you want to buy or sell a veterinary practice, it’s important that you have accurate information before beginning the process. Unfortunately, however, there is a lot of inaccurate information out there. Below are some common misconceptions about buying and selling a veterinary practice. For additional information, please contact a veterinary practice attorney. Buyer Misconceptions […]
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Common Mistakes Veterinary Practice Sellers Make
Selling a veterinary practice can be complicated, particularly for those who enter the process unprepared. When selling a veterinary practice, any mistake can result in big financial losses, and there are multiple opportunities to make mistakes. Therefore, if you are a veterinary practice owner, you should obtain the services of an experienced veterinary attorney before […]
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