Many Veterinary Surgeons dream of running their own practice, with James Herriot providing the inspiration.
However, the traditional route to practice ownership can come with a mountain of obstacles: massive loans, daunting administrative burdens, and a smattering of self-doubt about your ability to make business decisions.
It doesn't have to be that way. The Medivet Partnership model is built to remove those barriers, creating an accessible pathway to practice ownership. If you’ve ever wondered what it takes to move from vet to owner, keep reading; it may lead to one of the most rewarding moves you ever make!
What Does Being a Medivet Partner Actually Mean?
At its core, the model is a co-ownership structure. You own an equity share of your local clinic alongside Medivet.
This model shares the weight of running a business perfectly, allowing both sides to play to their strengths. It gives you the best of both worlds: local, independent leadership powered by a trusted national brand.
We’ve already written extensively about our Partnership model, and you can find more information on exactly what it looks like from these resources:
As Partner Simon Cook (Medivet 24 Hour Shrewsbury) puts it: "Through my Medivet Partnership I have the opportunity to focus more on aspects of the clinical practice that are important to me, while leaving Medivet to manage the admin of running a busy clinic."
Why It’s a Rewarding (and Safe) Choice
If you are hesitating to make the leap, it might be because of the risks associated with traditional business startups; it’s understandable. But the Medivet Partnership model is specifically designed to eliminate that friction:
- Easy to Own: Traditional buy-ins can sometimes feel financially out of reach. Medivet lowers the barrier with flexible buy-in options to make ownership accessible and achievable.
- Easy to Earn: You share directly in the financial success of your practice through ongoing profit shares and long-term equity growth.
- Easy to Grow: You gain access to industry-leading commercial expertise and strategic support with zero hidden fees, helping your practice thrive from day one!
- Easy to Go: You retain control over your future with clear, built-in exit options when the time is right for you to retire or move on.
"After nearly 20 years in the UK veterinary sector, the Medivet Partnership feels like the best-kept secret in the profession. Taking ownership of your own practice without all the risks of a start-up creates a path to financial freedom for vets that is simply unparalleled."
— Ben Jacklin, CEO UK
Step-by-Step: The Path to Partnership
The journey from thinking about ownership to your first day as a Partner is a smooth, highly collaborative process with the Medivet team at your side, every step of the way! Let’s break down that process to simplify it further.
Stage 1: Choose Your Clinic
Start by speaking to our Partnership Team, who will help you find the opportunity that perfectly aligns with your personal goals and aspirations.
Stage 2: Get Your Valuation
We prepare a transparent, comprehensive business valuation. You will see exactly how the numbers work, what the equity structure looks like, and learn all about the potential of your specific clinic.
Stage 3: Sign Your Contract
Once you’re entirely happy with the setup, we guide you through the paperwork and celebrate this milestone together!
Stage 4: Begin Your Partnership!
With the keys in hand and the operational backing of Medivet behind you, you take clinical control. You start shaping your clinic's culture, leading your team, and putting your expertise to practice, taking care of your clients' furry friends.
Advice From Our Partners
Stepping into leadership can feel intimidating, but you aren't doing it alone. Here is some advice gathered from veterinary leaders across the Medivet network:
1. Don't let fear hold you back
Partner Charlotte notes that Medivet's framework allowed her to gain equity with no upfront bank stress: "I didn't need to go to a bank or secure a huge loan." Adding “As the clinic grows, I can see my equity value growing. It’s amazing to think that the longer I stay, the more valuable my equity becomes.”
2. Focus on people and culture first
True leadership isn't just about managing clinical tasks; it's about building a supportive environment. Network Partner Matt emphasises that great leadership roots itself in deep listening and resilience: "With the veterinary industry evolving rapidly, leaders need to be able to truly listen to their teams... Good listening builds trust, improves communication, and ultimately leads to better patient care."
3. Your clinical passion is your superpower
You don't have to choose between being an excellent clinician and being a great business leader. As Clinical Governance Director Dr. Rhian Littlehales demonstrates, a passion for high clinical standards and career accessibility can propel you into incredibly rewarding leadership spaces!
Ready to build your legacy?
Whether you are mapping out your career plan like Dr. Kishan Vara, or an experienced clinician looking for the right moment to take ownership of a clinic, the Medivet Partnership Team is ready to help.
Even if you’re not entirely sure if ownership is the right fit for you yet, we’d love to have an informal chat to answer your questions.
Chat with the team today.
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