The veterinary real estate market has undergone plenty of changes over the past several years, and it doesn’t seem to be slowing down. Whether you’re a current veterinary hospital owner looking to understand the value of your real estate or a prior owner with a third-party lease in place, it’s important to understand how your real estate is valued.
The veterinary real estate market has undergone plenty of changes over the past several years, and it doesn’t seem to be slowing down. Whether you’re a current veterinary hospital owner looking to understand the value of your real estate or a prior owner with a third-party lease in place, it’s important to understand how your real estate is valued.
Many veterinarians say practice ownership is not for them because they want work-life balance, have too much student debt, or are unsure how to run a business. However, with advances in business processes, structuring, and technology, practice ownership is worthy of consideration and can bring empowerment and control.
Since the beginning of the pandemic, veterinary practices have reportedly seen an increase in transactions, somewhat exposing the inefficiency of the veterinary business model. There was more money coming in, but there was also a lot more stress put on the vets and nurses. So, what are some ways tofind a good middle ground between profitability, sustainability, and work-life balance?
The business of veterinary medicine has evolved over the past few decades. With the pandemic, the increase in technology, and more, the veterinary industry has begun to pivot —and with that, the schools are making changes in how they’re teaching students. So, how has the business of veterinary medicine developed, and what could this mean for the future of veterinary care?
Welcome to VET Worthwhile! This podcast is intended to help veterinarians learn to leverage wealth, maintain a healthy work-life balance, and build a worthwhile legacy—all while keeping focused on what matters most.
