Succession Planning – creating a future for the vet industry

Secure your future, Plan for Succession – 4 X  1 hour sessions for business owners and entrepreneurs in the Vet sector. 

When a vet practice changes ownership, it can end up like a slow ‘trainwreck’ – where business owners experience the downward spiral of long term staff leaving, unhappy clients and loss of control over clinical policies. Don’t let this be you! 

In this weekly webinar series Aspect Legal’s Managing Partner, Joanna Oakey, will team up with Veterinary sector specialists, APL Accountants Anne and Paolo Lencioni and MyTaxVet tax partner, Kezah Alincastre, to dig into the intricacies of succession planning for Vet practices.

Over 4 consecutive weeks, we’ll be sharing tips for navigating practice succession so you can avoid the common pitfalls, understand how to prepare for changes in ownership and develop a succession strategy geared for success. 

Together, we’ll cover essential insights from accounting, tax and legal perspectives on topics including: 

• How and why you need to plan your exit
• Practice structuring (and restructuring strategically)
• Shareholder basics – considerations before signing a Shareholder Agreement
• Essential tax considerations including Capital Gains Tax hurdles
• The ins-and-outs of practice valuations
• Considerations for introducing buy-in opportunities to younger vet practitioners
• Property considerations in the context of sale
• Common problem areas in sale contracts & shareholder agreements

This event will include essential insights for anyone who’s considering buying into a veterinary practice or wanting to introduce new partners into your practice. 

This is a MUST for anyone who 

• Currently owns a veterinary business, 
• Is thinking about buying into a practice (or acquiring another one)

and/or 

• wanting to ensure the succession of their practice to the next generation as a successful one.. 

The Speakers:

When you register to this webinar, we contribute on your behalf a month of Life Saving Grain Seeds to nourish a child in Malawi. Click here to see our other projects.