{"id":75553,"date":"2024-02-01T00:00:22","date_gmt":"2024-02-01T05:00:22","guid":{"rendered":"https:\/\/todaysveterinarybusiness.com\/?p=75553"},"modified":"2024-01-29T17:00:11","modified_gmt":"2024-01-29T22:00:11","slug":"business-co-owners-0224","status":"publish","type":"post","link":"https:\/\/navc.sitepreview.app\/todaysveterinarybusiness.com\/business-co-owners-0224\/","title":{"rendered":"Allies in Business"},"content":{"rendered":"

As more and more women pursue DVM degrees \u2014 they make up about 80% of veterinary school enrollment today \u2014 the growing number of women who own a hospital should come as no surprise. At Veterinary Practice Partners, 75% of the 90 associate veterinarians who have signed on with VPP as hospital co-owners were female.<\/p>\n

Co-ownership is a possible solution for associates who dream about ownership<\/a> but perhaps lack the financial means or business experience to go all-in. The arrangement also is an option for independent practice owners who\u2019d prefer to put payroll, hiring and other back-office responsibilities in someone else\u2019s hands, so they might sell a majority share of their business to a company like VPP.<\/p>\n

John McDonough, chairman and CEO of the 150-hospital VPP network, said the company\u2019s 190 practice co-owners come in two categories:<\/p>\n