Every ambitious associate should share this with their practice owner. (Hint hint! I want to own!) Every smart practice owner should share this with their ambitious associate…or start planning to find one. (Hint hint! I’d rather sell to you!)
To keep your veterinary hospital stable—with coworkers on board—take this advice to heart after the death or sudden disability of the practice owner. Or if you just want a plan to make sure your practice and team will be taken care of if something happens.
You want a cut-and-dried answer. Three architects show there isn’t always a cut-and-dried answer. But the more you know about that sometimes arbitrary number, the smarter you’ll be in planning, negotiating and building your best new veterinary hospital.
This interactive map collects information on laws governing nonveterinarians owning or partly owning veterinary practices as relatively traditional corporations. Remember that laws are always changing, some attorneys have new ways to allow nonveterinary ownership, and your success will be based on the appropriate practice agreement you craft with your own lawyer. Now dive in!