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Legal Issues
Every Practice Needs a Legal Framework
Sole proprietorship? S corp? C corp? General partnership? Start by consulting an expert and considering the liability and tax implications.
Legal Issues
You, Your Legacy and Your Practice’s Future
Every veterinary business owner needs estate, succession and asset-protection plans.
Innovation/Technology
Secure Your Clinic: A Guide to Veterinary Cybersecurity
Protect your practice and client data with proven strategies designed for veterinary cybersecurity success.
Legal Issues
The Art of Real Estate
Buying a home for your practice offers control and potential long-term asset appreciation, while leasing has flexibility and lower upfront costs.
Legal Issues
Best Legal Practices for Your Practice
Employment laws pose significant business challenges, but meticulous planning and ongoing compliance mitigate the risks.
Hospital Construction/Design
Avoid Costly Surprises When Building a Clinic
Meticulous planning, diligent oversight and clear communication can prevent minor issues from becoming major problems.
Legal Issues
If You Choose to Sell to a Consolidator
Moving an independent practice to a corporate network demands strategic planning, expert advice and a firm grasp of your objectives.
Legal Issues
Veterinary Staff Shortages: Strategies to Recruit and Keep Top Talent
Hiring veterinary staff? Discover smart strategies that work for veterinary practices.
Legal Issues
Navigating a Corporate Takeover
Selling a veterinary practice is a drawn-out process best done with a team of advisers.
Legal Issues
How the FTC’s Noncompete Ruling Could Affect You
Some senior executives would have to abide by their current agreements.
Legal Issues
Risks and Rewards
When negotiating a sales contract, practice owners must consider what could happen when a buyer takes over.
Innovation/Technology
Dissecting Telemedicine
Debate over the virtues and pitfalls of virtual visits is far from over.
Legal Issues
How to Avoid a Messy Separation
As hospital prices cool and consolidators get cold feet, owners can protect themselves by negotiating a breakup fee.
Legal Issues
Best-Kept Secrets
Nondisclosure agreements serve as deterrents to the unwanted release of critical business information.
Legal Issues
Building a Case for Construction Counsel
Being penny-wise is pound-foolish for practice owners who forgo expert contract advice.
Legal Issues
Repelling Cybercriminals
Veterinary practices encounter the same risks as other businesses and pay the same high price for not taking threats seriously.
Government/Regulations
What to Watch for in Employment Law
Noncompete agreements appear headed for extinction. Also, look for changes to independent contractor rules.
Government/Regulations
PPP Loans and Your Veterinary Practice
A fraudulent application can deliver costly ramifications before or after a hospital sale.
Human Resources
Leaving So Soon?
Quitting her practice after negotiating to stay post-sale put the former owner on the losing side of a lawsuit.
Legal Issues
How to Forge a Healthy Workplace Culture
Frequent communication, detailed job descriptions and all-encompassing employee handbooks put practice owners on firmer legal ground.
Legal Issues
How Groomer Clients Become Adversaries
Pets can be injured — or worse — through sheer negligence or unforeseen events.
Legal Issues
When an Infection Triggers a Lawsuit
A New York court case serves as a cautionary tale about hospital protocols and client communication.
Legal Issues
Fair Shares
Granting equity interest in a hospital is a great way to beef up employee compensation and enhance loyalty.
Legal Issues
Stay Away, Please
The enforceability of a restrictive covenant depends on your state’s laws.
Legal Issues
When Clients Sue
A well-publicized lawsuit can quickly ruin a veterinarian’s career and practice.
Veterinary Industry
A Virtual Reality
Investors are flocking to veterinary telehealth through management services companies despite the legal hurdles.
Legal Issues
Lease for Less
As a prospective tenant, you should learn what you can about the landlord and the building’s owner. One way to start is with a public records search.
Legal Issues
8 Mistakes You’ll Regret
Not adequately planning for the sale of your veterinary practice can cause you to miss valuable opportunities to find the right buyer.
Legal Issues
Classified Information
When veterinary employees are misclassified as independent contractors, a common reason is to avoid state and federal tax-withholding requirements and payroll taxes.
Legal Issues
Fair and Square
The competition being eliminated must be significant to constitute anti-competitive behavior.
Legal Issues
The First-Time Practice Owner
Opening a veterinary clinic is a fabulous opportunity, but planning for it is best done one step at a time.
Legal Issues
Selling Your Practice in a COVID Market
Making and closing a deal between a hospital owner and a buyer isn’t as easy as it once was. Skittish lenders, contract contingencies and even uncommitted clinical staff can gum up the process.
Finance
Succeed With a Succession Plan
The sale of your practice to a colleague or outside party when you aren’t present is fraught with trouble if detailed instructions aren’t in place.
Legal Issues
Beware the Evergreen Clause
Automatic contract renewals can leave you in a costly predicament if you fail to give proper notice of termination.
Practice Management
What’s an Employer to Do During COVID-19?
Salary advances? Paid sick leave? Unemployment compensation? Here’s what veterinary hospital administrators need to know.
Legal Issues
At Your Service
A management services organization adds a layer of structural complexity to a veterinary practice but offers non-veterinarians and even family members the opportunity to reap the financial rewards.
Legal Issues
Close the deal
When negotiating an employment agreement with an associate veterinarian, start with the basics — at-will or contract? — and go from there.