Practice Ownership Archives

Buy Now, Save Later

Determining how long you intend to use an asset is essential in deciding whether you choose Section 179.

Like tracking COGS as a percentage of revenue, you must understand the cost of employing everyone who is not a veterinarian.

Why my business partners and I sold our Tennessee veterinary practice after only 2½ years of ownership.

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.

Single-doctor practices aren’t corporate magnets. Consolidators are more interested in larger, multidoctor practices.

Make sure your replacement’s training sessions cover at least the basics of all aspects of your job.

If you are a practice owner who does not own your building, seriously look at purchasing the real estate.

When you delegate tasks, team members get an opportunity to grow.

Review the rules you find during your can’t-do audit and then consider how you might simplify them.

The primary focus in determining your practice’s business model is knowing what pet owners want and value.