Taking over a practice is typically one of the most exciting and stressful times in a veterinarian’s life. When preparing to start from scratch or purchase an established practice, it is critical to assess the risks and address all aspects of creating a firm.
While expanding, practice owners frequently strive to figure out where their best potential clients come from, how to reach them, and how to provide more services to their existing client base. The emphasis is on increasing the workload so that you may either fill your existing team’s schedules or add more workers, services, and/or locations to raise revenue and boost your profits.
Veterinarian for establishing, operating, or growing a clinic. Whether you're starting a new practice, buying one, or updating your equipment, financing supports long-term growth and cash flow management.
helps veterinarians in increasing revenue, expanding their clinics, improving client satisfaction, and streamlining operations. A veterinary business consultant can offer customised methods whether you're launching a new practice, growing, or having management issues.
As a young dentist, I was faced with the unexpected loss of my employment at the practice that employed me, and I had nowhere to go. My consultant was quite helpful—they guided me in getting part-time work and then persuaded me to open my own private practice outside of a somewhat restrictive covenant. In addition, my consultant assisted me in obtaining practice funding. Over three years, my total gross sales grew from $400K to $1.2M, with a 37.7% overhead. “Thank you!
I received a standard state sales and use tax audit at my OB/GYN clinic. The auditor intended to tax the practice’s sale and distribution of intrauterine devices (IUDs) as a taxable item. I worked with my consultant to resolve this matter, and after several months, the auditor realised their mistake. In the end, my practice was successful, and thousands of dollars in sales tax were saved!
Over the years, my dental practice grossed well over $1 million per year with an overhead of around 40%. Partnering with my consultant, I was encouraged to begin establishing a cash balance retirement plan, which saved me thousands of dollars each year by allowing me to defer huge quantities of money and plan for my retirement.
I collaborated with my consultant to choose and implement an outside billing company to manage patient receivables. It was an excellent strategy because it increased cash flow from in-house workers by 50% and collected on old debts that I had assumed were beyond recovery.
Running your own practice involves complex challenges that can drain your resources and energy. Many practice owners struggle with non-clinical tasks that eat into their time and profits, leaving them feeling overwhelmed and under-supported
At LenDR Consulting, we understand that your veterinarian practice is more than just a business—it’s your passion and dedication brought to life. Our mission is to support you through every phase of your journey, with tailored solutions designed to address your unique challenges and goals. Whether you’re building from the ground up, expanding your reach, or transitioning into the next chapter, we’re here to empower you with the financial tools and heartfelt guidance you need to achieve your dreams and make a lasting impact in the lives of your patients