Why Owning a Veterinary Practice is a Great Idea
As a veterinarian, it’s likely that you’ve at least considered what it might be like to own a veterinary practice. This is understandable. After all, there are many benefits to veterinary practice ownership whether it is a startup or a purchased practice. In this article, we examine why owning a veterinary...
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Loan Forgiveness for Ross University School of Veterinary Medicine Graduates
On June 22, 2022, The United States Department of Education (“USDE”) and Class Plaintiffs in the Sweet v. Cardonaclass action proposed a settlement where the USDE will cancel $6 billion in student loans for 200,000 borrowers for certain schools. Among those schools is Ross University School of Veterinary Medicine (“Ross”). If you have applied for...
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5 Ways to Improve Your Veterinary Practice
Regardless of how successful your veterinary practice is, there is always room for improvement. In fact, a few small changes are all it takes to improve the efficiency and profitability of your veterinary practice. In this article, we examine five ways to improve your veterinary practice. For additional information on improving your...
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4 Signs That it May Be Time to Sell Your Veterinary Practice
As a veterinary practice owner, you probably enjoy the many perks of owning your own business. Setting your own hours, choosing the type of work you do, hiring your own staff, and enjoying the freedom of being your own boss are just a few of the benefits of veterinary practice ownership. However,...
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4 Simple Ways to Increase the Profitability of Your Veterinary Practice
A lot goes into running a successful veterinary practice. In addition to handling the daily requirements of your practice, you must constantly be on the lookout for ways to increase its profitability. Fortunately, if you are a veterinary practice owner, there are several steps you can take to improve your business’s bottom...
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Pros and Cons of Buying an Existing Veterinary Practice
Practice ownership is the ultimate goal of many veterinarians. After all, practice ownership offers many benefits, including autonomy, financial gain, and a good work-life balance. However, if you are looking to take the leap into practice ownership, you must make several important decisions, one of which is whether to buy an...
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Can a Pet Owner Sue a Veterinarian?
Veterinarians are in the practice of helping animals—not harming them. Unfortunately, however, when it comes to treating people’s pets, anything can happen. For example, animals don’t always respond positively to treatment, and pet owners often place the blame in such situations on the veterinarian. In addition, veterinarians sometimes make mistakes that jeopardize...
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Purchasing a Veterinary Practice: Things to Consider
Each year, countless veterinarians take the leap into practice ownership. This isn’t surprising. After all, veterinary practice ownership offers a multitude of benefits, both personal and professional. However, if you are considering buying a veterinary practice, you must ensure that you are prepared before you make your purchase. In this article, we...
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Veterinary Practice Mistakes That Can Result in Legal Challenges
Although operating a veterinary practice is a rewarding endeavor, it isn’t without its challenges. One such challenge is the threat of legal action. Fortunately, many of the legal issues with which veterinary practice owners must contend can be avoided with appropriate planning. And even when legal challenges arise, they can often be...
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Are You Considering Selling Your Veterinary Practice?
If you are considering selling your veterinary practice, you need to be prepared—and part of this preparation includes ensuring that you have all the necessary information before you place your practice on the market. In this article, we examine several things you should consider before you sell your veterinary practice. For...
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Valuing Your Veterinary Practice
As a veterinary practice owner, you have a lot to handle. In addition to providing your customers with excellent care and customer service, you must take steps to ensure your business’s success and longevity. One of these steps is placing a dollar value on your practice. In this article, we examine the...
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What is a Veterinary Practice Manager?
Veterinarians are great at what they do—caring for animals. However, some veterinarians who also own their own practices lack the desire or business acumen to deal with the day-to-day administrative tasks necessary to run a successful practice. This is where veterinary practice managers come in. Veterinary practice managers provide business management services...
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