Vets

Years of service to the veterinary profession

A veterinary practice, like any professional organisation, is a complex balance between offering a professional service and that of running a business to maximise profit. Over the past few years there has been strong growth of veterinary practices, with a trend away from large animals, which has helped many veterinary practices view themselves as more of a business than a profession. This trend has occurred at the same time as an increased demand from the public in terms of standards of service and care for their much loved pets which has been evidenced by the increase in the number of veterinary hospitals, offering levels of service more in line with the medical profession.

Through years of service to the veterinary profession, we have accumulated a wealth of experience in dealing with issues uniquely to them such as:

• How to grow a veterinary practice.
• How to maximise net profit.
• How to structure veterinary practice to minimise tax liabilities and risk.
• The importance of creating an organisation structure which is capable of succession – probably the biggest potential problem currently facing any veterinary practice.

Whatever your business structure, we can increase your profitability and achieve a position where the partners in the veterinary practice have a robust exit strategy, enabling them to retire in financial comfort while the business carries on.