Video: Nonveterinarians as practice owners--concerns and rewards
November 11th 2010The scenario of nonveterinarians becoming practice owners is a hot topic. Here Charlotte Lacroix, DVM, JD, outlines some important issues to address when entering into such an arrangment, as well as the payoffs.
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Preparing for partnership: setting the terms of employment (Proceedings)
November 1st 2010High turnover among veterinary associates is caused principally by the failure of practice owners and employees to properly articulate their respective expectations and negotiate and document the employment relationship. Time and effort invested up front will help avoid mismatched expectations, misunderstandings and separation down the road.
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Pre-marital counseling for business partners (Proceedings)
November 1st 2010Co-ownership issues often arise when veterinary practitioners enter into a partnership with other owners, or when two or more associates jointly venture into practice acquisition. In most aspects co-ownership of a veterinary practice is akin to marriage, and it is vitally important to agree on the principal terms governing the relationship before getting hitched.
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Which business structure is right for your practice? (Proceedings)
April 1st 2010Choosing the correct structure for your veterinary practice is an important decision with consequences reaching far into the future. Selecting your practice structure is definitely not a "do it yourself" project. Substantial tax, legal and accounting expertise is required. Veterinarians nevertheless need to stay active in the process to ensure the experts' narrow technical proposals get folded into a coherent plan that reflects your needs and goals.
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Becoming a co-owner: It's more than just sharing toothpaste (Proceedings)
April 1st 2010Co-ownership issues often arise when veterinary practitioners enter into a partnership with other owners, or when two or more associates jointly venture into practice acquisition. In most aspects co-ownership of a veterinary practice is akin to marriage, and it is vitally important to agree on the principal terms governing the relationship before getting hitched.
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Addressing the responsibilities microchips raise
July 1st 2005We took in a boarder from a longtime, good client, who said the pet was a stray that he acquired from the local groomer. During our exam, we found a microchip and were able to locate and contact the original owner, who said the dog had been stolen about six weeks earlier. What are our rights and responsibilities in situations like this?
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