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Legal & Business Planning Articles

  1. Insurance Considerations During Practice Transitions

    by Ed Branam | Published 03/15/2007 | Legal & Business Planning : Vet |  Financing & Financial Planning : Vet

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    As a veterinarian, you may experience several transitions during your career. To protect your professional and personal assets, it’s important to include insurance as part of your planning.

  2. Associateship to Buy-in: The Importance of Written Agreements - Part 1

    by A. Lee Maddox | Published 07/02/2009 | Legal & Business Planning : Vet

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    Veterinarians associating with owner-doctors have become more prevalent in recent years than has been the case in the past. The number of doctors graduating from veterinary school, the increased overhead costs of operating one’s practice, the rigor of starting a practice from scratch and the increasing difficulty of obtaining total institutional financing to purchase practices are all reasons for the unbridled growth of associateships.

  3. Associateship to Buy in: The Importance of Written Agreements - Part 2

    by Maddox and Josselson | Published 07/02/2009 | Legal & Business Planning : Vet

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  4. How the Entity You Select Can Protect You From Liability

    by William Prescott | Published 03/15/2007 | Practice Acquisition & Start-up : Vet |  Legal & Business Planning : Vet

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    Are you forming or purchasing a practice? Are you planning to practice with another doctor? What entity form is appropriate and what do you need to know to select the right one?

  5. Conducting a Proper Practice Valuation

    by David McCormick | Published 03/18/2009 | Legal & Business Planning : Vet

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    Veterinary practice appraisers typically use methods that place an emphasis on the earnings or profitability of the practice.

  6. Positioning for Transitioning

    by W. David Griggs | Published 03/18/2009 | Legal & Business Planning : Vet

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    Strategies for Early, Mid and Late Career Doctors.

    Many veterinary hospital owners think of practice transitioning as an event that occurs at the end of their career.  But with careful planning and positioning of your practice, you can find many opportunities throughout your career to enhance your profits and practice value through various transition strategies.

  7. The New Economy: Start Now to Improve Your Practice Value

    by Nancy Willerton | Published 03/18/2009 | Practice Management & Marketing : Vet |  Legal & Business Planning : Vet

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    You have heard it before: a healthy, well-managed veterinary practice should sell for about one year’s gross revenue. Please toss that rule of thumb out the window — it no longer exists!

  8. Retirement: Both A Business and Personal Priority

    by Chelle Gonzo | Published 11/03/2010 | Financing & Financial Planning : Vet |  Legal & Business Planning : Vet

    Full story

    Are you planning or ready for retirement? As a veterinarian you may have both business retirement and personal retirement issues to address. In order to help you prepare, review the following retirement planning issues and ask your investments professional for assistance and guidance.

All practice financing is subject to credit approval. Business Refinance Program is for business term debt only. Revolving credit and existing Wells Fargo Practice Finance debt are not eligible for consolidation.

The articles and materials on the Wells Fargo Practice Finance Web site are provided for general information only and do not constitute, nor are they intended as, a substitute for consultation with accounting, tax, legal or other professional advisors. Wells Fargo makes no representation regarding the articles available in the Strategies for Success Library or the completeness or accuracy of the information contained therein. The articles and the information contained therein may be incomplete, may contain errors or may have become out of date. Wells Fargo makes no commitment, and disclaims any duty, to update any of the articles or materials in the Strategies for Success Library. The views expressed in the articles are those of the authors alone. They may or may not reflect the views or opinions of Wells Fargo.

American Animal Hospital Association

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