In this episode of the Veterinary Ledger Podcast, hosts, Jharid Pratt and Meghan Bingham, interview Tyler Hotaling, the owner of Copake Veterinary Hospital. Dr. Hotaling shares his journey into practice ownership, initially entering the field reluctantly but eventually realizing the need to own the practice to set the tone and live out the philosophy he envisioned. He discusses his strategic decisions, such as addressing low-hanging fruits like timely payment collection and making incremental changes without disrupting operations. The episode highlights his approach to staff management, client care, and the implementation of new systems, including potential changes to practice management software and exploring wellness plans. Tyler emphasizes the importance of mentorship, clear communication, and thoughtful planning in achieving practice growth and maintaining a positive work environment.

In this episode of the Veterinary Ledger Podcast, host Jharid Pratt discusses the ins-and-outs of financing pet resorts with experts Jacqueline Pait and Claire Cronin from Live Oak Bank. They delve into the growth of the pet resort industry, types of lending available, and how Live Oak supports pet care facilities with unique challenges such as building on residential properties, navigating zoning laws, and managing construction. The conversation covers various SBA loan options, the importance of proper financial documentation, and the value of early-stage consulting to ensure long-term success. Listeners will gain insights into the nuances of financing in this rapidly expanding sector and why it's crucial to build the right team from the outset.

The Granite Peak Team is proud to share Overdog Digital's recent podcast featuring Jerry Joshva and Ally Howard from GPVA's Pet Care Facility Division. Thank you Fern and the Overdog Digital team for hosting this informative episode!

**From Overdog: Dog Daycare and Boarding Business Tips** "

This week’s episode is all about the one area of your business you really don’t want to mess up—your finances. Fern sits down with Jerry Joshva and Ally Howard from Granite Peak, two experts who are on a mission to clean up the accounting chaos in pet resorts. If the words “bookkeeping” and “tax planning” make your eyes glaze over, this convo is going to change the way you see your numbers—and why knowing them could mean the difference between thriving or barely surviving.

They break down what makes the pet care industry so unique from a financial perspective, why most generic accountants don’t cut it, and how avoiding some common money mistakes could save you thousands (yes, literally). If you’ve ever been surprised by your tax bill or felt unsure about how profitable your services really are, you need to hear what these two have to say. It’s the episode that could finally give you the clarity and control your business has been missing."

Check out Overdog Digital's Website: https://overdogdigital.com/Check Out Granite Peak's Pet Care Facility Division: Lodging and Ledgers

In this episode of the Veterinary Ledger Podcast, hosted by Granite Peak Veterinary Advisors, industry expert and attorney Rob Montgomery provides crucial insights into the legal aspects of veterinary practice ownership, acquisition, and partnerships. With nearly three decades of experience representing healthcare professionals, Montgomery delves into topics such as drafting letters of intent, asset purchases, partnership agreements, and the complexities of selling to corporate entities. Whether you are looking to start, acquire, or exit a veterinary practice, this episode offers indispensable advice to navigate the veterinary business landscape successfully.

In this episode of the Veterinary Ledger Podcast, Dr. Jake Gomez, CEO of Cross Street Veterinary in California, shares his unique journey into veterinary medicine. Originally aspiring to be a pediatrician, Dr. Gomez found his calling in veterinary medicine through the FFA program and his love for animals. He discusses his experiences from working on a farm, contemplating becoming a game warden, to ultimately attending vet school. Dr. Gomez also talks about returning to his hometown to join and eventually take over a local veterinary practice, emphasizing the importance of maintaining a family-owned, non-corporate practice. The episode covers his foray into viral fame with his innovative use of Tamiflu during a bird flu outbreak, his approach to leadership and staff retention, and his focus on balancing clinical practice with business management.

In this episode of the Veterinary Ledger Podcast, hosts Jharid Pratt and Meghan Bingham dive into the world of veterinary practice sales with Bill Murray from Wicklow Healthcare Advisory. We discuss the differences between private and corporate sales, the importance of having updated facilities and strong financials, and what makes a veterinary practice a valuable asset. Bill shares insights on evaluating practices, preparing them for sale, and the current market trends. Whether you're a practice owner considering selling or buying, this episode offers valuable advice on making informed decisions in the veterinary industry.

In this episode of the Veterinary Ledger Podcast, Jharid and Meghan chat with Keith and Lauren True about their journey from exiting previous partnerships to launching True Vet, a veterinary practice aimed at empowering future veterinary business owners. They discuss their motivations, challenges in breaking new grounds with innovative approaches, and the significance of leadership and mentorship in veterinary entrepreneurship. The conversation also delves into balancing business and personal life, scaling their new practice, and their vision for fostering a new generation of veterinary leaders.

In this episode of the Veterinary Ledger Podcast, hosts Meghan and Jharid interview Jake Waas from Covina Animal Hospital. They discuss Jake's journey from growing up in his family's veterinary practice to becoming its current leader. Jake shares fond memories of his childhood around the clinic and how he initially envisioned a career in human exercise and fitness. However, the opportunity to return to the family practice led him to stay and thrive in the veterinary industry. They delve into the importance of gaining respect and trust from employees, the role of continuous learning and certification in veterinary management, and the future of veterinary practice including advancements in AI and technology. Jake also emphasizes the significance of work-life integration and the legacy of family businesses.

In this episode of the Veterinary Ledger Podcast, hosts Jharid and Meghan are joined by Melissa Walker, co-founder of Sounder Benefits, to discuss innovative health insurance solutions for veterinary practices. Melissa shares her extensive experience in the health and benefits field, detailing how Sounder Benefits aims to provide significant premium savings for employers while offering affordable plans for employees. They dive into the importance of strategic, customized approaches to benefits, avoiding the pitfalls of standardized plans and emphasizing the value of data-driven decisions. The conversation also touches on the pros and cons of Professional Employer Organizations (PEOs) and the need for continual re-evaluation of benefit plans. Melissa emphasizes the necessity of compliance audits and their role in ensuring fair and non-discriminatory benefit structures. Reach out to Melissa and Sounder Benefits via LinkedIn or email to explore tailored health insurance solutions for your practice.

In this episode of the Veterinary Ledger podcast, Nick Sherman, the new owner of Richmond Animal Hospital in Vermont, shares his journey through the acquisition process of a veterinary practice. With over 11 years of industry experience and a keen interest in ownership since vet school, Nick discusses the support he received from Granite Peak, the importance of grassroots connections, and the creative deal-making required to purchase his practice. He emphasizes the value of independence, community alignment, and strategic investments in technology and staff to build a successful and sustainable practice. Additionally, Nick highlights initiatives like volunteer days for staff, which reflect the community-focused ethos of his practice. The conversation offers valuable insights for aspiring veterinary practice owners and underscores the importance of thoughtful planning and community engagement.