• Home
  • Blog
    • Business Partner Magazine Archive
  • Free Contests and Giveaways
  • Resources
  • About Us
    • Cookie Policy
    • Disclosure Policy
    • Privacy Policy
    • Terms of Website Use
  • Contacts

Business Partner Magazine

Tips and advice for entrepreneurs, start-ups and SMEs

  • Business Success
  • Marketing
  • Finance
  • Employees
  • Technology
  • Start-up
  • Productivity
  • Communication

Opening a Veterinary Practice? Here’s What You Need First!

June 23, 2021 by BPM Team

Click here to get this post in PDF

Too long to read? Enter your email to download this post as a PDF. We will also send you our best business tips every 2 weeks in our newsletter. You can unsubscribe anytime.

Enter your NameEnter your Email Address

You’re probably reading this article today because you’re a fully qualified veterinarian, and you’d like to open up your own practice. That’s great, and it’s commendable that you want to open such a helpful service in your local community.

But, have you thought about what you need to do before you can get started? The following provides a brief overview of specific considerations you need to make before launching your veterinary practice. Here’s what you need to know:

dog laying on the bed undergo blood pressure check up

Business Plan

As with any type of startup, you should have a solid business plan in place before you get started. A business plan isn’t just a document that you can show potential investors or lenders; it’s a framework for your practice you can review many years after you’ve launched.

Your business plan should detail your aims or goals and how you’re planning to achieve them. It’s a written document that describes your vision and explains why your practice is one that customers would prefer to use over a competitor’s practice.

Premises

Next, you’ll need to lease some suitable premises for your practice. It should be in a central location within your community, accessible, and provide the space you need to conduct examinations, operations and accommodate people’s pets.

The premises you choose should also have a suitably-sized waiting room area complete with a reception area where customers can make bookings, pay for treatments, and enquire about your services.

Storage

You will undoubtedly need a lot of secure storage space for things like medicine, medical equipment, and paperwork. For example, you’ll need a special medical refrigerator – the kind you’d use as a vaccine fridge for keeping medicine at specific temperatures.

There should also be adequate and secure storage space for each staff member to store their personal belongings before they begin their work.

Employees

Let’s face it: you can’t do all the work at your veterinary practice alone. That’s why you need to hire employees, such as reception staff, nurses, and other veterinarians that may perhaps specialise in areas that you don’t personally cover.

It’s crucial that you choose the right people for each role at your practice, given that you’ll be dealing with people’s pets daily. The last thing you want to do is hire people that aren’t friendly, compassionate or understanding to pet owners.

Insurance

One essential item you cannot do without at your veterinary practice is insurance. There are various levels of cover that you should consider, such as employer’s liability, professional indemnity, and building insurance.

You’ll also need insurance to cover the medicine, equipment, and other valuable items such as computers at your premises in case of theft or fire damage. Thankfully, you can shop around for the best insurance deals for your practice, especially if you use a broker.

Money

Last but not least, you’ll need a lot of capital to start your practice – especially when you have to purchase medical equipment. There are many routes you can consider, such as angel investment or taking out a business loan.

You may also like: Technological advancements in veterinary care

Image source: Pixabay.com

Filed Under: Featured Posts, Start-up Tagged With: Featured Post, Start up, veterinary

  • Facebook
  • Instagram
  • LinkedIn
  • Pinterest
  • Twitter
  • YouTube

Disclosure

We earn commissions if you shop through the links on this page.

Recent Posts

  • Swiss Banking and Montenegro Business: The Global Entrepreneur’s Guide
  • Tamper Proof Packaging: Safeguarding Your Products and Brand Reputation
  • Unlocking a Secure and Unconventional Retirement: Insights from an Expert’s Book
  • Things To Consider When Opening Your First Business Office
  • What You Need To Know Before Installing a Lift

Categories

Archives

Make Money Online – Free Course

  • Discover All The Shortcuts To Affiliate Marketing Success
  • Find Out How To Fill Your Site With New Leads And Customers
  • Discover How To Turn Your Passion Into Profits
  • Learn How To Write Copy That Gets Results Fast!
  • Discover How To Create Promote & Sell Your Own Products Online
  • Everything You Need To Know About Marketing Money Online
  • Strategies For Successful Web Entrepreneurs Inside
  • Discover How To Invest Smarter Grow Faster And Retire Rich
  • Email Marketing Strategies For Marketers And Entrepreneurs
  • Free training reveals how to build a successful six figure income online
  • Discover The Mindset Hacks You Need To Succeed
  • Free Marketing Memberships – Make Money Online

    Make money online free marketing memberships

    Tags

    Accounting apps bitcoin brand business growth business skills business success communication cryptocurrency Customer Service Data design Digital marketing ecommerce Efficiency employees Featured Article finance finances Health and Safety infographic insurance Investing investment legal legal tips Management Marketing marketing strategy Outsourcing productivity property Real estate sales security SEO Social Media software starting a business startup Technology Trading Training website workplace

    Disclosure

    We earn commissions if you shop through the links on this page.

    Digital Marketing Agency

    ReachMore Banner

    Business Partner Magazine

    Business Partner Magazine provides business tips for small business owners (SME). We are your business partner helping you on your road to business success.

    Have a look around the site to discover a wealth of business-focused content.

    Here’s to your business success!

    Copyright © 2023 - Business Partner Magazine·