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Veterinary

Key Considerations When Renovating, Buying, or Building a Vet Facility

Key Considerations When Renovating, Buying, or Building a Vet Facility

Updating an existing facility or buying or building a new one is an exciting time in any business’s journey. Taking the time to understand the many facets of this venture can save you time, money, customers, taxes, and more. Here are some considerations as you get started… What’s your short-
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Act Now to Protect Your Estate from Tax Changes

Act Now to Protect Your Estate from Tax Changes

Last updated on March 22nd, 2024There are some big changes coming to gift and estate tax laws that can significantly increase estate taxes and decrease your financial legacy. As you work so hard to take care of animals, their owners, and your employees, make sure you’re also taking steps to
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Our Take on What’s in Store for Veterinary Practices in 2024

Our Take on What’s in Store for Veterinary Practices in 2024

The veterinary industry has certainly seen its share of ups and downs over the last few years in terms of business valuations, acquisitions, consolidations, sales, and general performance. Now that businesses are getting more accustomed to operating in an environment marked by high inflation (that’s coming down) and high interest
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Safeguarding Your Veterinary Practice: Tips to Counter Cyber Threats

Safeguarding Your Veterinary Practice: Tips to Counter Cyber Threats

While digital technology has brought about significant service and operational improvements in veterinary practices, it has also resulted in a growing number of cyberattacks and threats. Breaches can result in everything from all your data being eliminated to confidential financial information about pet owners being released into the dark web.
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What’s Your Exit Strategy for Your Veterinary Practice?

What’s Your Exit Strategy for Your Veterinary Practice?

Last updated on December 22nd, 2023Whether you are five years or 35 years away from retirement, understanding the long-term options for your business should guide the strategies and actions you take today. No doubt, the most lucrative opportunities rest with selling to corporate consolidators. It’s estimated that about 25% of
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Equipment Purchases and Certain Facility Updates to Maximize Tax Advantages

Equipment Purchases and Certain Facility Updates to Maximize Tax Advantages

Last updated on November 17th, 2023Have you been thinking about purchasing new or used medical equipment to enhance your veterinary services? How about upgrading technology and software or updating your facility and equipment? With end of year approaching, you have limited time left to consider whether to purchase, lease, or
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Take Control of Your Veterinary Practice with a Budget

Take Control of Your Veterinary Practice with a Budget

Last updated on October 25th, 2023A budget can significantly reduce the stress associated with running a veterinary practice – especially during uncertain economic times – by helping you evaluate performance, set goals, measure progress, and make informed short- and long-term decisions and plans. With a budget, you can proactively manage
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Protecting Profits from Increasing Labor Costs

Protecting Profits from Increasing Labor Costs

It’s a catch 22. You need to expand your staff to increase income, but additional labor costs have the potential to cut into profits and cash flow. There is an option: complement your recruiting plan with a proactive business plan to manage the impact of potential labor cost increases. Let’s
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Lake Katrine Office Temporarily Closed

The Lake Katrine office location will be temporarily closed for the next few months due to office renovations. All Lake Katrine employees can still be reached at the LK phone number, email and other office locations! Thank you for your patience & looking forward to serving you from our newly updated office space!

Map of Qualified Census Tracts (QCTs)

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