The Equity Model – How The Veterinary Industry Can Make It Right

The history of employee ownership in America goes back to innovator and founding father, Benjamin Franklin. In 1733 Franklin dispatched journeymen printers to all corners of the nascent American territory with the aim of setting up printing shops. Franklin devised a start-up model which included his fronting of the set-up expenses for each shop and, [...]

Seth Lundquist, DVM: My Story—How Gaining Equity Changed My Life

Becoming a business owner gives you the freedom to shape your career and pursue what inspires you most. Don’t resign yourself to years of working to pay off your school loans, battling burnout, and simply getting through the day—consider the empowering alternative of practice equity. Then, you will be working because you want to, having [...]

How to Manage Common Transition Issues When Selling Your Veterinary Practice

Selling your veterinary practice is fraught with excitement and anxiety. And, amid what should be a joyous time, complications and issues can arise that make the process downright stressful. However, by anticipating potential problems and planning ahead, you can reduce your anxiety and ensure a smooth transition. Here are five tips to make your transition [...]

Selling Your Veterinary Practice: How the Transition Should Work

The decision to sell your veterinary practice is probably one of the most important business decisions you will make. When considering a buyer—whether they are a private or corporate buyer—there are many details to consider to ensure a smooth transition. The following are some things to consider: As the seller, how long will you be [...]

The Real Cost of Veterinary Sign-on Bonuses

On the surface, sign-on bonuses seem straightforward. Businesses offer special pay outside of the regular salary to tempt new hires, and job seekers get a boost in pay at the start of a new position. Sign-on bonuses are now offered for every veterinary position, and have become a normal part of the hiring process. In [...]

Yes! Veterinary Medicine and Business Can (and Should!) Be Harmonious

I almost changed the title of this article before submission, but I realized that simply supports the point I'm about to make. Even before reading the words contained in the article, the title prepares you to think of business and veterinary medicine as a dichotomy that we must be convinced to make harmonious. This, however, [...]

Four Reasons Why Mentorship is a Must for Your Veterinary Practice

When I graduated from veterinary school in 2013, it seemed like everyone was talking about whether it was better to do a post-graduation mentorship or an internship. Both sides agreed that new graduates need support as young doctors, but no one knew the best way to provide it.  I chose mentorship, and to this day, [...]

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