Veterinary

Veterinary Services Advice
 
 

VETERINARY SERVICES
 


Veterinary Serviceshealth_image.jpg
Veterinary Services Advice
 

VETERINARY SERVICES

 

Health Services by RSM

 

Veterinary Advisory, Assurance and Consulting

At RSM, we work with you to strengthen your vet practice, so you can face the future with confidence.

Whether you care for cats or cattle, the vet industry is changing. Large animal practices are concerned about a looming skills shortage as young vets opt to work with smaller animals.

Vets themselves are changing, undergoing further training to develop a specialist niche, service offering or exploring flexible working options.

Many are happy to remain in salaried positions, meaning that vets who do want to run their own practice can rely on capable staff to help build their business.

Meanwhile, while trends towards rental housing, and high to medium density housing in major metropolitan areas are hindering growth in the number of domestic animals. Small animal practices are benefitting from the increased disposable income of pet owners, awareness of animal health issues and greater uptake of pet insurance. These factors will continue to drive industry revenue growth in the sector over the next five years.

KEY CONTACT

 

Patrick Flanagan
Director, Business Advisory
T: +61 2 8226 4605

[email protected]


How can we help you?

 

 

 

 

How can RSM help your Vet practice?

RSM’s expertise enables vets to make the most of new opportunities to maximise profit from your practice.

We provide tailored advice to help you with:

Managing your cashflow

  • Buying or establishing a vet practice
  • Business advice on structure, tax, and efficiency
  • Generating income and managing costs

Growth & innovation

  • Utilising technology for a better customer experience, choosing and implementing the most appropriate cloud accounting and reporting solution
  • Evaluating and adopting add-on services that benefit and grow your practice

Future planning

  • Develop models for a sustainable practice and managing regional workforce shortages
  • How building goodwill can increase the value of your practice
  • Succession planning, including valuations, insurances and an exit plan

 

Contact a agribusiness business expert

Contact a agribusiness business expert
 
RSM offers Safe Harbour strategies

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Business advice for your veterinary practice - Our services

20 June 2019
Working with you to strengthen your vet practice, so you can face the future with confidence. Whether you care for cats or cattle, the vet industry is changing.

Growth, innovation and succession planning in your vet practice

20 May 2019
Whether you care for cats or cattle, you know that the vet industry is changing. Large animal practices are concerned about a looming skills shortage as young vets opt to work with smaller animals. Meanwhile, small animal practices are benefitting from the increased disposable income of pet owners and the popularity of pet insurance.