Tag Archives: veterinary practice

A guide to buying and selling a veterinary practice

Posted on 08/10/2025 by freestyle

The sale or purchase of a veterinary practice is likely to be one of the largest financial transactions that a vet will enter into. Whether selling or buying, it is important for vets to understand the process involved. Is your practice ready to sell? Prospective buyers will expect to see information regarding the practice such as existing contracts, maintenance records and property used and/or owned by the business. A buyer will want to learn about all ongoing liabilities it is likely to take over. It is important therefore that, prior to marketing the practice, the seller ensures that the practice information and records are in good order. Marketing the practice Many sellers will use a specialist agent to market their veterinary practice. It makes sense to use an agent who is experienced in marketing veterinary practices. Such agents act as … Continue reading →

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Choosing the right business structure for your veterinary practice

Posted on 05/09/2024 by Ben Ironmonger

Starting a veterinary practice is an exciting venture, but there is a lot to consider. One of the most critical decisions you’ll face early on is selecting the right business structure. This decision will have long-term implications on how your practice operates, manages its finances, and addresses legal responsibilities. In this brief guide, we outline the key business structures available to vet practices and their advantages and disadvantages. Private Limited Company A private limited company (Ltd) is a separate legal entity and can be formed by one or more individuals. It is a popular choice for veterinary practices due to its liability protection and potential for future growth. Advantages: Disadvantages: Our company and commercial solicitors are very experienced in advising business owners on private limited company legal matters, and regularly help clients with incorporations, shareholders’ agreements, and restructuring companies. Partnership … Continue reading →

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