Owner transition –
you’re in good hands

“I’ve started to think about selling my practice but I haven’t decided
if that’s the right decision for me or not. What do I do now?”

Your Transition Step-by-Step

We hear you. Handing over your vet practice is a big change and can become overwhelming very quickly. Let’s break down step-by-step what your transition might look like:

STEP 1: START A CONVERSATION

It all begins with a discussion

What is your vision for your vet practice? Is there a specific way you do things that you’d like the practice to keep? Do you wish to continue practicing, but simply shed the responsibility of ownership? What are your concerns regarding patients and staff?

We ask these questions and more because we deeply care about what you have built up over the years. Your involvement in customizing your transition plan is essential because it matters now, and for the future growth of your practice.

Let’s build the future of your practice, together.

STEP 1: START A CONVERSATION

STEP 2: DEFINE THE OBJECTIVES

Let’s look at the future

Once you are comfortable with your customized transition plan and you have a clear understanding how your legacy will continue to grow in our hands, it’s time to think about what comes next.

Many veteran vets often struggle to let go of the daily operations of a vet practice and with good reason! It’s not a job, as much as a lifestyle. That’s why we take a holistic approach to your transition. Starting with the financials, some practice management reports and general info, we dive into the mental and emotional aspects of the transition. If everything seems like a good match for us both we may be able to make an offer to purchase your business.

We truly care about your happiness and wellbeing, as well as that of your team, which is why we are alongside you every step of the way, from the offer, to close and beyond.

STEP 2: DEFINE THE OBJECTIVES

STEP 3: GUIDANCE & GROWTH

A toast to growth!

As you take on a path of peace and self-exploration, your vet practice will continue to be run with the goals and vision you set in place.

You win, your practice wins, your staff and clients win.

And that’s only the beginning of our journey. We’re here anytime you need us for guidance and we offer it with compassion. Whether you’re looking to be more or less involved with the vet practice or just looking for advice on a new hobby we got you.

STEP 3: GUIDANCE & GROWTH

We’ve been growing every year, with the exception of one since we had the practice. I want to see that continue, I want to see my staff continue to be happy. I want the clients to continue to be happy with the service that we offer. And for that I have very, very high faith in VetCare.

Dr. Mike Schaufele, DVM and Former Owner

Richmond Animal Hospital

Meet the VetCare Transition Specialists

Our business development team is here to help practice owners explore their succession goals and options. They provide all the information you need to make the best decision for your practice in the next stages of your career.

Business Development

This is our team of financial analysts that helps us to understand how all of the reports translate into ‘real life’ information.

Corporate Development

This team guides our regional managers to help ensure they have everything they need to support you and your team long term ‘on the ground’.

Operations

Our regional managers provide 1-on-1 attention for you, your practice and your team. We make sure they have the time to devote to the hospitals they care for so that you and your practice never turn into ‘just a number’.

Regional Managers

FAQs

Can I or an associate maintain a percentage of ownership in the practice?

VetCare purchases practices in their entirety. But that doesn’t mean you don’t have a say anymore. We work closely with practice owners to set up an agreement and transition plan to ensure the practice reaches the goals you set out for it. For us, the main priority is to build on your legacy, and we do that together.

Will all of my team be able to keep their jobs?

We understand the value of team members who know the business inside-out, know your clients and patients by name, and embody the unique culture of your practice.
Whether an employee has been part of your practice for one month or over 10 years, they add to the knowledge base and heart of the practice—all the essential elements for sustainable success. That’s why we aim to make the transition as smooth and effective as possible so that we can move forward in a productive way.

What changes will you make if you purchase my hospital?

This is something that will look different in every practice. Sometimes this means tweaks to streamline workflows, other times this means upgrading technology and equipment. Depending on the needs of the business, and goals outlined in the transition plan, every practice will follow its own journey—but rest assured taking care of patients, clients and staff will always remain priority number one!

How long would I need to work with VetCare if I sold my practice to you?

Every owner has different goals. We will work with you to determine the best options to help you achieve those goals. Some owners take this as a chance to dive back into practicing medicine, others see it as an opportunity to slowly phase themselves out of the business and refocus on other personal passions. When it comes to your legacy, we don’t believe in a one-size-fits-all approach.

Jennifer-Schlote-business- development manager

Get In Touch

Wondering what your transition might look like? Reach out to Jennifer directly today.

Contact Jenn

Owner transition – you’re in good hands