Shared Ownership
Supporting Independent Practice Ownership
We believe that veterinarians, hospital teams, pets and communities are best served by a diversity of voices in practice ownership. That is why we are working hard to build an infrastructure that supports the transition, and continued success, of veterinarian-owned practices.
Which Model is Right for You?
Ownership Transition Coaching
We coach owners and aspiring owners through the entire transition process, building the foundation for a successful partnership rather than leaving the door open to a horror story that may someday be posted on VIN. Not sure if you have an associate interested in ownership? We can start that conversation for you or we can do it together. Whether you are looking for an exit strategy or just want to add a partner, we’re here to help. Contact us to learn more!
Partnering Together
Not ready to step into ownership on your own, can’t make the finances work, or are you an owner who just wants the peace of mind that comes from knowing you have an exit strategy?
We are excited to introduce our sister company, Veterinary Trust Partners! VTP offers resources for overcoming hurdles to independent practice transitions, contact us to learn more!
Frequently Asked Questions
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Shared ownership offers an opportunity to grow your practice, develop future owners, and establish a system for completely transitioning ownership when the time is right.
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Yes! A practice owner can make as much or more by transitioning their practice to an associate than they can selling corporate. The main difference is that the transition period is usually longer for an associate transition.
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Partnering with VTP is a true partnership. Each practice retains its unique identity and decisions about hospital growth or operations are made together following the procedures described in the Operating or Shareholder’s Agreement created together by all partners in the practice. VTP holds the same number of shares as the associate partner(s) and those shares may be purchased by the associate partner after 5 years.
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Yes! Even if your state restricts ownership of veterinary practices to veterinarians, your practice manager or other staff members, can become owners. They may just need to have a veterinarian as a partner.
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Most of the practices we currently work with are two or more doctor practices. If you are not quite there yet, we can help you build a transition plan that includes hospital growth. It’s never too early to start thinking about transitioning ownership. Contact us to learn more about the options and resources available to you. We would love to learn more about your practice and your goals.
“It’s never a good time to sell your practice but it’s always a good time to transition ownership”