PRAC130-0417: Successful Practice Transition and Ownership Module 1
What you need to do when you want to start-up, buy-in, buy-out or sell
The lectures for this course will be presented in an audio format.
Enrollment is closed.
Presenters: Thom Haig, DVM
Edward J. Guiducci, JD
Michael Porrello, CPA, CVA
Course Open: April 12-29, 2017
Real Time Sessions (RTS): Wednesday, April 19, 2017; 8:00-9:30 pm ET (USA)
Course RTS Times in Your Area:
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Practice Sessions: In order to prepare you for a successful experience
in your CE course, we request you attend a Practice Session prior to the first
Real Time Session. Please arrive promptly at the start time; each Practice Session
is up to 1 hour in length.
For more information, please visit the
CE Practice Area.
*The presenters for this course will be using audio which will require you to have a headset or speakers to listen.
If you have any concerns regarding your computer's audio capabilities, please be sure to attend
one of the Practice Sessions.
Level and Prerequisites:
This
basic course will be open to to veterinarians, both owners and associates,
who are contemplating buying or selling a practice. This course is a prerequisite if you are
interested in taking any one of the following modules
in the Successful Practice Transition and Ownership course series:
- PRAC131-0417: Module 2 - What you need to do when you want to buy-in
- PRAC132-0417: Module 3 - What you need to do when you want to buy-out
- PRAC133-0417: Module 4 - What you need to do when you want to start-up
VIN CE Course: Open to veterinarians.
This course has been submitted for RACE approval for veterinarians.
Course Information:
Each of the modules in the Successful Practice Transition and Ownership series
will identify key issues, common opportunities,
as well as specific risks in considering each one of these life changing decisions.
With the exception of the opportunity to become a veterinarian, the decision to own
a practice and the decision to sell is the biggest life changing choice a veterinarian makes.
The detailed sessions in these four modules will provide the information you need
to make a successful ownership decision.
The first in a series of 4 courses, this course will provide an overview
of the practice transition process.
Week 1 (Real Time Session April 19, 2017):
Overview of Practice Transition Process
Presenters: Thom Haig, DVM
Edward J. Guiducci, JD
Michael Porrello, CPA, CVA
Format: Audio
Objectives: Upon completion of this session, the participant should be able to
- know what team members s/he needs
- review options for practice ownership
- identify opportunities to sell your practice
- establish valuation of a veterinary practice
- understand tax and corporate practice entity decisions
- distinguish leasing versus buying practice location
- understand location investigation and other location due diligence issues
- identify design concerns
- determine financing options
- understand co-owner agreements
Successful completion (scoring 80% or better) on the end-of-course test is required
to earn a certificate of completion for the course.
To learn more about the requirements for earning a CE certificate, please refer to
Receiving Your CE Credit and Course Completion Certificate.
Course Materials: Course materials will be available
in the course library prior to each Real Time Session.
Required Textbook(s): There is no required textbook for this course.
About the Presenters:
Dr. Thom Haig received his Doctor of Veterinary Medicine from Purdue University.
He is the owner of a 3 doctor small animal hospital in Knoxville, TN and a practice management
consultant specializing in staff utilization doctor production, staff doctor and client scheduling,
associate mentoring, production and buy-ins. He is also the Co-Editor of the
VIN Practice Management boards.
Edward Guiducci is the Principal of the Law Firm of Guiducci and Guiducci,
P.C. in Arvada, CO. He received his Juris Doctoral from Washburn University School of Law
and is a member of the American Veterinary Medical Law Association as well as the American
and Colorado State Bar Associations.
Michael Porrello is a partner at Lacher, McDonald and Co., CPAs.
He is a licensed Certified Public Accountant and Certified Valuation Analyst in the state
of Florida. He leads the business valuation segment of his firm and works with veterinarians
throughout the country providing accounting, tax, and consulting services.
Total CE Credit: 1.5
Tuition: Member $35 ($31 early bird special if enrolled by March 29, 2017)
Non-Member $95 ($89 early bird special if enrolled by March 29, 2017)
Prices are listed in US dollars.
*To ensure participants are ready and prepared for classes,
enrollment will close on April 19, 2017 at 5 pm ET (USA)
or when the maximum number of participants is reached.
*For more information on how online CE works, see the
Participant Resource Center.
To Enroll:
Enrollment is closed.
- Enrollment qualifications: VIN CE courses are open to
VIN member and non-member veterinarians. Veterinarians enrolling in a VSPN CE course
must be a VIN member. Veterinary support staff must be a VSPN member to enroll in a
VSPN CE or a VIN CE course open to VSPN member enrollment.
- Each enrollee must be able to receive emails from @vspn.org
and @vin.com addresses. Email is our major form of communication with participants;
personal emails are highly recommended rather than clinic/hospital email addresses.
- Each person is individually responsible for his/her own registration.
To ensure that all information received is secure and correct, please do not enroll
for a course on behalf of another individual.
- For further assistance call 800-846-0028 ext. 797 or email
CEonVIN@vin.com.
Please include the course title, your full name, and contact information in your correspondence.
"This program (RACE program number to be determined) has been submitted
for approval by AAVSB RACE to offer a total of 1.5 CE Credits, with a maximum
of 1.5 CE Credits being available to any individual veterinarian.
This RACE approval is for the subject matter categories of:
Non-Scientific-Practice Management/Professional Development
using the delivery method of Interactive-Distance: (Web-based, Teleconference or Audio-Conference).
This approval is valid in jurisdictions which recognize AAVSB RACE; however, participants are
responsible for ascertaining each board's CE requirements."
This course has been submitted for approval for continual education units toward CVPM
requirements through VHMA.
Course withdrawal and refund policy: A complete refund of the paid course price will be
issued when your withdrawal request is received prior to the listed start date of the course.
If you wish to withdraw after the start date please contact the VIN office 800-846-0028 ext. 797
to discuss eligibility for a pro-rated refund.
* Note: To ensure rapid handling of your request for withdrawal, we recommend that you
call the VIN office at 800-846-0028 ext. 797.
*For more information on VIN's upcoming CE courses, check the
VIN Course Catalog.
Katherine James, DVM, PhD, DACVIM (SAIM)
VIN Education Coordinator
VIN CE Services:
CEonVIN@vin.com
800-846-0028 or 530-756-4881; ext. 797
or direct line to VIN/VSPN from the United Kingdom: 01 45 222 6154
or direct line to VIN/VSPN from Australia: 02 6145 2357
800.700.4636 | CEonVIN@vin.com | 530.756.4881 | Fax: 530.756.6035
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