Incorporation or partnership...?
There are many ways to structure a veterinary practice, and they bring with them different benefits and disadvantages. If any of the following questions are going through your head, we can help you answer them.
- Should we incorporate?
- Should we become a limited liability partnership?
- What will incorporation mean for us as a business and as owners on a day-to-day practical basis?
- How do we actually incorporate?
- How long will it take and what will it cost?
- How does it affect work colleagues and staff?
- How does it affect clients?
- What changes are taking place regarding liabilities?
- How are these dealt with in the different business structures?
- What about joint ventures and franchises?
We’ll happily talk through any of these structural and planning issues and more, helping you get a clearer idea of the options available to you. The more you know about what you could do, the easier it becomes to decide what move to make and when.