Blog
Check out our recent blogs below or browse by category on the right.
Considering a Practice Sale to Corporate Volume 3 – Terms of the Sale
Veterinarians who own their practice and are considering a sale to corporate will likely be making one of the biggest decisions of their life when it comes time to choose their buyer. If they are lucky enough to have multiple offers on the table, it often boils down...
Top 5 Veterinary Practice Information Management Software (PIMS) Products
By: Isaac Brownstein, Communications & Marketing Advisor Abstract The use of technology has revolutionized operations and methods of performance for businesses while simultaneously providing competitive advantages and economic opportunities.1 Using practice...
Considering a Practice Sale to Corporate Volume 2 – Prospective Corporate Buyers
In our last article, we discussed how to prepare your veterinary practice for an acquisition by a corporate buyer. We recommended that you first gather your team of professionals and have them review your financials and practice entity documents. We explained that you...
Considering a Practice Sale to Corporate Volume 1 – Are You Ready to Sell?
Many young veterinarians have a clear vision that one day they will become a practice owner. What they may not plan for, is what will happen later in life, when they are older and in need of an exit strategy. Ownership consumes a great deal of time and energy at a...
Client Service Representative Etiquette
Client Service Representative Etiquette Veterinary Business Advisors, Inc. Abstract Being the first impression of a clinic to clients, there is no doubt that client service representatives (CSRs) play an integral role in the logistical function of clinics. In...
Sharing The Windfall
In the current arena of veterinary practice sales, it is impossible to ignore the intense interest in practice consolidation by corporate entities, but it should be noted that this trend is not brand new. Corporations have owned veterinary practices for over 30 years,...
Pay Raise Requests: How to Make Them and How to Respond
Pay Raise Requests: How to Make Them and How to Respond Kellie G. Olah, SPHR, CVPM Veterinary practices, like many other businesses, often award pay raises in connection with an annual employee review. It’s a logical time to do so since that’s when employers provide...
Chewy and Covetrus Face Off in Veterinary Prescription Dispute
Chewy and Covetrus Face Off in Veterinary Prescription Dispute By: Isaac Brownstein A 2017 study shows that 77% of people consider their cats and dogs to be members of the family—and so it isn’t surprising that, collectively, they’re willing to spend big dollars on...
Associate Contracts for Corporate Consolidators
Associate Contracts for Corporate Consolidators Veterinary Business Advisors, Inc. https://veterinarybusinessadvisors.com/As the presence of corporate consolidators in the veterinary field increases, it has become even more important to understand what to look for...
How Practice Managers Can Keep Up with Changing Employment Laws
How Practice Managers Can Keep Up with Changing Employment Laws By: Kellie Olah, SPHR, SHRM-CP Although it has always been challenging for many small business owners to keep up with evolving employment-related legislation, COVID-19 has made this situation even more...
Employee Performance Coaching and Setting Goals
Charlotte Lacroix, DVM, JD Veterinary Business Advisors, Inc. Whitehouse Station, NJ, USAThe overall objective of any Performance Management Program (“PMP”) is to ensure a Practice and all of its subsystems (processes, departments, teams, employees, etc.) are working...
Employee Performance Coaching and Setting Goals
Employee Performance Coaching and Setting Goals Charlotte Lacroix, DVM, JD Veterinary Business Advisors, Inc. Whitehouse Station, NJ, USA The overall objective of any Performance Management Program (“PMP”) is to ensure a Practice and all of its subsystems (processes,...
