The financial truth about starting a vet practice

Opening a practice is just the beginning - building one that’s financially resilient for the long term takes strategy. This New Practice Academy session takes a finance-first look at what it really takes to launch a veterinary practice in today’s market. We’ll look at smart budgeting, sustainable pricing, and long-term financial planning.

Beyond start-up budgets and funding, we’ll dive into the operational foundations of any new practice: setting up your supply chain, negotiating supplier terms, and building procurement systems that support your cash flow. You'll hear from recent practice owners and financial experts who understand the realities behind the forecasts, from construction costs and equipment deals to inventory strategy and pricing pressures.

Whether you're refining your plan or preparing to open your doors, this session will equip you with the financial clarity and strategic insight to build with confidence!

Chairperson

Brian Faulkner, BSc (Hons) BVM&S CertGP(SAM) CertGP(BPS) MBA MSc(Psych) FRCVS, Veterinary Clinician and Business Consultant - Vetology

Speakers

Sinéad Bennett, Director - MCR Vets Limited

John Taylor, MA VetMB CMgr FCMI MRCVS, Practice Owner - Taylor Vets

Suzanne Headington, Partner - Staverton Office - Hazlewoods

Mel Whittaker, Head of Sales South - NVS

Sponsored by:

Presented at LVS 2025

Thursday, 20 November 2025, 15:00-15:50, Business Theatre