Description
Book SynopsisA follow-up to the successful and sensible
Building the Successful Veterinary Practice series, this new volume provides the business know-how needed to make today''s emerging practices tomorrow''s established practices.
Author and consultant Thomas Catanzaro reveals his secret to building a business for the future: a strong succession plan. This book will help readers incorporate a defined leadership structure; address the internal and external legal issues of a practice; and understand the economic factors of owning and selling a practice.
Table of ContentsPreface.
Introduction.
Succession Planning—Forces of Change.
Risks and Demographic Demands.
Legal Issues of Veterinary Practice Succession Plans.
Selecting the Appropriate Legal Structure for Succession Planning.
Contracts for Succession Planning Transactions.
Solo Group Practice or Practice Affiliation: Is It Right for You?.
Legal Relationships with Associate Veterinarians.
Appendix A: Personal and Practice Value Assessment.
Appendix B: Compensation.
Appendix C: Employment Agreement.
Appendix D: Bill of Sale.
Appendix E: Covenant Not to Compete.
Appendix F: Promissory Note.
Appendix G: Veterinary Practice Purchase Agreement.
Appendix H: Personal and Confidential.
