Ever since university I have always wanted to own my own veterinary practice. However, after 5 years of working as an employee, I had almost given up my dream. The whole process of finding the right practice, arranging finance, and being sure that I was doing the right thing seemed almost overwhelming. Read the rest of this entry »
I have been in practice for 3 years with my wife, and two other partners. During that time, we only ever received year-end financial reports and tax returns from our previous adviser. Until I met with Guild Accountants, I had no idea that there is a firm that is not only providing compliance services but also specializes in providing consulting advice to vets.
My business partner and I started in practice together 10 years ago and subsequently built our enterprise to 3 practices. Until we came to Guild Accountants we had no idea of the problems inherent in our business structure. All our operations and assets were housed in a single entity, which did not provide for asset protection and effective tax management.