Current & Aspiring Practice Owners
Becoming a veterinary practice owner is a dream come true for many veterinarians. Practice owners enjoy high incomes and have many financial benefits available, but these benefits offer both challenges and opportunities toward building wealth. Our goal in working together is to help you maximize your cash flow, decrease your tax liability, and ensure you are properly protected, both personally and professionally.
We help provide guidance to current & aspiring practice owners through:
- Maximizing income, minimizing taxes
- Managing multiple sources of income
- Skillful tax planning to take advantage of tax breaks for practice owners
- Navigating overall student loan payments and planning for repayment or forgiveness
- Retirement planning & other goal funding analysis
- Creating a cohesive and coordinated investment strategy
- Taking advantage of the best retirement savings vehicles as a business owner
- Properly insuring your income, assets, and business from unexpected events
- Proactive estate planning - determining the need for a trust, ensuring proper legal documents in place for business and family
If you are not yet a practice owner but working towards ownership, we can also assist with:
- Bridging the income gap as you move from employee to owner
- Preparing necessary documents lenders request
- Understanding how your student loans affect the lending process
- Drafting the components of a business plan
- Assembling a support team (lender, accountant, lawyer, etc.) to set you up for success
With our open door policy, you can feel comfortable reaching out with any questions you have about your money. We're here to help!