Galaxy Vets

Giving veterinary medicine back to veterinarians Galaxy Vets is a veterinary healthcare system co-owned by its employees.

With a mission to give veterinary medicine back to veterinarians, Galaxy Vets allocates equity in the organization to its employees — veterinarians, specialists, technicians, administrative staff, and relief workforce — making them co-owners of and shareholders in the entire network. Practice owners who partner with Galaxy Vets become shareholders and continue growing their value, while their team

enjoys Galaxy Vets’ benefits and burnout prevention program. Founded in 2021, Galaxy Vets partners with general practices across the U.S. with the goal to build a vertically integrated healthcare system consisting of general practices, emergency, and specialty hospitals enhanced by retail diagnostic centers, virtual care, and a membership services model. So join us on our mission to give veterinary medicine back to veterinarians! Sign up on our website as a practice owner or an employee to learn more about how you can revolutionize the veterinary industry with Galaxy Vets: galaxyvets.com

05/19/2023

What steps can employers take to help their teams mitigate their workload and improve scheduling? Check out these suggestions from veterinary professionals who took part in our Burnout Study:

👉🏻Consider hiring more support staff and licensed veterinary technicians along with improving scheduling.
👉🏻Limit the number of patients and better manage the call volume.
👉🏻Upgrade equipment and software, improve inventory management, and automate processes. Implementing telehealth services can make a big difference.
👉🏻Create more uniform policies, ensure everyone follows established procedures, and encourage collaboration within the team.

Check out the study summary for more insights at https://bit.ly/42agE4q

📩Share this post to spread the word to other employers and teams in the veterinary industry.

Let's create a happier and healthier work environment for all, together!

05/17/2023

💡"Large change, large transformation, the big stuff is really lots of little stuff." - Dr. Alan Robinson

Last week Dr. Alan Robinson joined Ryan Leech and Dr. Ivan Zak to discuss how organizations can foster creativity and innovation by empowering frontline employees and implementing a design thinking process.

To listen to the full episode, follow the link below: https://hubs.la/Q01Q84FB0

05/01/2023

Don't let these veterinary events slip away from you this May!

Put them on your calendar:

📌UVSA 2023 Annual Conference – May 1, San Antonio, Texas
📌US Vet Shows/Chicago – May 18, Chicago, Illinois
📌Fetch Miami by DVM360.com – May 19, Miami, Florida
📌NAVC Institute – May 21, Orlando, Florida
📌Emerald Coast Veterinary Conference - ECVC by Alabama Veterinary Medical Association – May 31, Miramar Beach, Florida

Keep this list handy, and tag your conference buddies you plan to meet up with in the comment section!👇🏻

📲Check out our full guide to all the 2023 veterinary events and start planning your next big adventure now: https://bit.ly/3HeuolJ

04/28/2023

Quote of the day🌟

"Change happens when the status quo is less tolerable than diving into the unknown," Dr. Ivan Zak, Galaxy Vets' CEO.

That's the spirit of innovation and growth that drives Galaxy Vets!

💬What risks have you taken in your life and how have they paid off? Let's share our experiences in the comments and inspire each other to keep pushing forward!

04/27/2023

🧐How to prevent burnout and compassion fatigue before they overwhelm your team?

In the new "Consolidate That" podcast episode, we talk to Dr. Katie Rohrig from Danville Family Vet about burnout triggers, how they apply to the veterinary domain, and the industry's challenges, including client management and insufficient rewards for staff.

Dr. Rohrig shares her experience navigating challenges in animal care and her approach to preventing and managing burnout in veterinary medicine.

📲Listen to the episode at https://bit.ly/3Ax106i

💬We and our co-host, Dr. Ivan Zak, are always eager to hear from our listeners and engage in meaningful dialogue, so feel free to share your thoughts on this topic in the comments section below!

04/25/2023

😍Our amazing Business Development Associate, Sarah Hall, just shared her favorite quote by Dr. Seuss from his book "Oh, The Places You'll Go" which gives her the motivation to keep going! We couldn't help but share it with you!

"You have brains in your head. You have feet in your shoes. You can steer yourself any direction you choose. You're on your own. And you know what you know. And YOU are the one who'll decide where to go!"

We'd love to hear from you too! Drop a comment below with your favorite quote from a book you've read recently👇🏻

04/25/2023

😔Limited access to veterinary care can have tragic consequences not just for pet owners who consider their companions family members. Telling clients you can’t help them because they have no money is as emotionally taxing for veterinary teams.

Our recent Burnout Study highlights the link between burnout and economic euthanasia in the veterinary profession. While economic euthanasia can’t be eradicated completely, there is a number of steps veterinary practices can take to reduce the frequency of this procedure and the mental toll it takes on their team:

📌Expand payment options in your hospital. This could include third-party payment plans, pet insurance, and collaboration with charitable organizations.
📌Consider training staff on coping mechanisms for moral dilemmas, and coaching with an emphasis on emotional and psychological wellness topics.
📌Hold proactive financial discussions with clients. Promote preventive care and offer pet-specific screenings for early detection of diseases.

Check out the study summary for more insights and helpful recommendations for you and your team!

👉🏻Download the whitepaper at https://bit.ly/42agE4q

04/24/2023

Quote of the day💥

"’How’ is never as important as ‘why!’" – Marcy Rice, Galaxy Vets' Senior Manager, Telemedicine.

Such a simple yet powerful statement, don't you agree? Comment below what usually helps you to stay focused on your "why" 👇🏻

04/24/2023

What a heartwarming story from Dr. Andy Roark!

Veterinary professionals are some of the kindest people on Earth! Agree? 😊

04/21/2023

😍Meet Bogdan, our Marketing Manager, and his furry assistant, Mango — the real brains behind the operation!

They're working tirelessly on the future release of the "Consolidate That!" podcast episode!

Let them know what topics you’d like to hear about in the future episodes👇🏻

04/20/2023

👩‍⚕️Are hybrid work arrangements a viable option for veterinary teams?

Galaxy Vets recently conducted our Third Annual Burnout Study to gain insights into the work preferences that veterinary professionals find most appealing and to explore opportunities for providing more work-life balance.

The study results demonstrate that staff members in all roles would benefit from hybrid work arrangements and having an option to work from home to complete administrative tasks, a flexible schedule to accommodate childcare, and a better work-life balance to improve mental health.

📲What impact will remote work have on veterinary care, and how can we meet the needs of veterinary professionals today? Find out in our whitepaper at: https://links.galaxyvets.com/burnoutstudy

04/20/2023

🇺🇦Dr. Ivan Zak may be far from Ukraine, but his heart is always close to his roots. He loves Ukrainian traditions and recently made a batch of traditional dumplings! Doesn't that look delicious?

We want to remind you that we continue to work and support the people and animals of Ukraine through Galaxy Vets Foundation, and we would love for you to join us in our mission to make a difference!

🙏🏻If you want to support our cause, please consider donating at: links.galaxyvets.com/help-foundation

04/19/2023

Quote of the day💫

"What's the best way to gain confidence? To believe in your elf!" – Steve Kemph, Galaxy Vets' Vice President of Field Operations.

We would trust Steve on this one. After all, be it a comfy home office or a storage room in the back of the hospital, his passion for work allows him to stay productive anywhere!

Share what helps you to believe in yourself in uncertain times👇🏻

04/19/2023

😓Have you ever felt emotionally drained after dealing with your clients’ stress and frustration? If so, you may have experienced what's commonly known as "compassion fatigue."

In the new episode of the "Consolidate That" podcast, we talk with Sarah Dalton, a Client Care Coordinator at Danville Family Vet, about her recent essay on compassion fatigue in the profession and the emotional struggles veterinary teams experience.

Sarah Dalton joins Ryan Leech and Dr. Ivan Zak to discuss the behind-the-scenes work that veterinary professionals do and the critical importance of self-care, support groups, and client education in preventing and managing compassion fatigue.

💬"When clients come in, they put all their trust into us, and it's up to us to keep that trust. And that can be a lot because compassion fatigue is just about giving all you can and not having anything left to give," Sarah says.

📲Listen to this podcast episode for more at https://bit.ly/3mwajAh

04/14/2023

❤️At Galaxy Vets, we value our employees and their well-being, both at and away from work. That's why we're thrilled to highlight Dr. Jeff Smith, Medical Director at Danville Family Vet, a veterinary hospital powered by Galaxy Vets, and his beloved pet, Bella, spotted walking together around the neighborhood!

Work-life balance is essential to a fulfilling career, right? That’s why we offer our veterinary teams many benefits, including equity in the entire organization, a robust employee assistance program, supportive work culture, and we continuously innovate to work smarter, not harder!

💬If you're a veterinary hospital owner considering selling your business and want to ensure that you and your crew are in good hands, consider joining Galaxy Vets!

Let us be your partner in this exciting new chapter of your career! Book a meeting with our Head of Business Development, Ryan Leech, and let's talk: galaxyvets.com/galaxy-partnership-calculator

04/12/2023

💥Today, we want to give a big shout-out to our Director of Non-Profit Initiatives, the one and only Dr. Andrew Ciccolini!

Non-profit work is not as simple as it may seem at first glance. It takes someone who is passionate, motivated, and a true leader to make things happen. And that's precisely what we see in Dr. Andrew!

🙌🏻Under his leadership, the Galaxy Vets Foundation team has accomplished A LOT. Over the past year, we have fostered a fantastic community of about 300 veterinarian and nurse volunteers worldwide. We’ve responded to over 30,000 requests from pet owners from Ukraine and helped them get the virtual veterinary care they need and financially supported dozens of shelters and animal welfare organizations in that war-torn country.

So, if you're interested in starting your non-profit organization, volunteering your time and skills, or learning more about non-profit work, Dr. Andrew's experience and wisdom can offer some valuable insights and inspiration!

📲Tune in to the latest The Vet Vault podcast episode to learn more about his path and discover how you can make a difference: https://bit.ly/3M0ywZJ

04/07/2023

🐾Have you missed Dr. Biscuit’s and Chicken’s ? These two pups may not have formal job titles at Galaxy Vets, but they are still much-valued team members!

We believe working with pets has many benefits. They are the ones who help us reduce stress and remind us to take breaks and enjoy sunshine between tasks! Agree?

How do you like their outfits? Let us know in the comment section below!👇🏻

04/06/2023

Are you looking for ways to promote flexibility in your workplace? Our Vice President of Field Operations, Steve Kemph, has some great tips to share👇🏻

1️⃣Allow your doctors and their support teams to have a dedicated one-hour quiet time block midday or mid-afternoon. This time allows them to make client callbacks, catch up on medical charting, and treat pet drop-offs. It also helps technicians catch up on tasks like preparing surgical packs, charting, and cleaning.

2️⃣Have a daily 10-minute lunchtime burst meeting for each hospital branch to report on the current status of their work and what changes are needed for the rest of the day. This gives your hospital the flexibility to adapt to an ever-changing environment.

What other ways do you promote flexibility in your workplace? Share your tips in the comments below!

📲If you want to partner with Galaxy Vets and build a workplace people enjoy coming to and feeling motivated by what they do together, then sign up at our website today: galaxyvets.com/galaxy-partnership-calculator

04/05/2023

❤️We help people and their pets survive challenging times through our knowledge, empathy, and support. We hope Dr. Amber's story will inspire you and we will be happy to see you on our team!

03/31/2023

🤩A whole new month with a fresh batch of opportunities to connect, learn, and grow is upon us!

April brings:
📌the Pain Management Forum by the International Veterinary Academy of Pain Management and American Association of Rehabilitation Veterinarians
📌the Mountain Veterinary Conference by the North Carolina Companion Animal Academy
📌the Uncharted Veterinary Conference by Andy Roark
📌the American Board of Veterinary Practitioners Symposium
📌the Florida Veterinary Medical Association Annual Conference
📌Fetch Arlington by DVM360.com
📌and the Veterinary Education Conference by New Jersey Veterinary Medical Association (NJVMA)!

💬Which one are you planning to attend? Let us know in the comments!

📅If you're ready to plan out your calendar until the end of the year, check out our complete list of all the veterinary events in 2023 at https://bit.ly/3v79YnQ

03/30/2023

🤔What are the benefits of partnering with Galaxy Vets and becoming employee-owned?

Nobody can answer this question better than our co-owners! Meet Dr. Jeff Smith, medical director and a leader of Danville Family Vet, in the new "Consolidate That" podcast episode!

Dr. Jeff joins Ryan Leech and Dr. Ivan Zak to discuss his experience and challenges being a small-town vet and how joining Galaxy Vets help unleash the hospital’s growth potential!

💬”A lot of us are 1-, 2-, 3-doctor practices in small towns. My HR, my marketing, my inventory management, my leadership training is something that I do after 6 p.m. or before I go to bed. Technological changes are happening so rapidly, you can’t keep up with them, and what I need is a partner with all those resources that can help me. What if I had a professional HR team and a professional marketing team? A computerized inventory management system like the one Galaxy has implemented here? Just within a month, we had our inventory slashed to a fourth of what it was; it’s almost like an ondemand system now. It’s just amazing what you can do with a proper team. It allows me to focus on patient care. It makes us better," says Dr. Jeff.

We are so thrilled to work with the Danville crew and achieve our goals together!❤️

👉🏻Listen to this podcast episode for more at https://bit.ly/3zyxA7H

03/24/2023

🐾The fourth round of the best Galaxy Vets' pet look-alike couple competition is here!

We've got two adorable pairs competing this time: Aimee and her furry friend Ginger, and Sophie and her beloved dog Harry. Who do you think has the most uncanny resemblance?

Share your vote for the best couple in the comment section below! 1️⃣Aimee and Ginger or 2️⃣ Sophie and Harry?

03/23/2023

👏Shoutout to Danville Family Vet, our awesome co-owners, for such a warm welcome of our CEO, Dr. Ivan Zak, in their hospital!

It was an excellent opportunity to strengthen our partnership and celebrate our shared mission of improving the lives of our veterinary professionals and their patients!

The Danville crew always inspires us through teamwork, motivation, and unwavering commitment to excellence, and we are so happy to have them in our Galaxy!❤️

🔗If you are looking for a partner to grow with together, consider Galaxy Vets! Every practice that joins us gets a solid foundation of reliable internal services and mentorship! Sign up at our website, and let's talk: galaxyvets.com/galaxy-partnership-calculator

03/22/2023

Retaining top talent is critical to building a thriving veterinary practice. But HOW exactly do you do that? 👇🏻

Our friends at hound have recently released, “The Ultimate Guide for Better Retention in Veterinary Medicine,” authored by their Chief Experience Officer, Austin Huff.

This comprehensive guide is packed with valuable insights on calculating your practice's staff turnover rate and creating a healthier, happier practice, as well as a lot of practical tips and actionable strategies you can implement right away to see positive results.

💬 "Veterinary teams are stretched thin, overwhelmed by workload and stress, which often leaves no time for outside-of-work activities, team building, or merely having lunch together. It's the leadership task to continuously spot and remove inefficiencies, improve workflows, and break silos to achieve more predictability during the day," says Dr. Ivan Zak, CEO at Galaxy Vets.

❤️Big thanks to Hound for inviting us to join this discussion! We're proud to be a part of this fantastic work!

Check out the article at www.hound.vet/guides/veterinary-practice-staff-retention-guide

03/17/2023

🤔How to reduce burnout in veterinary medicine?

In the recent “WhiskerTalks” podcast episode, WhiskerCloud CEO, Adam Greenbaum, sits down with Dr. Ivan Zak, CEO of Galaxy Vets, to discuss the warning signs of burnout and practical solutions that practice leaders can use to support their teams and promote their well-being.

What makes this episode truly special is Dr. Ivan's personal story about going through and overcoming burnout, as well as the ups and downs of his career.

👉🏻Tune in to this episode and learn more about Dr. Ivan and Galaxy Vets' mission of reducing burnout in veterinary medicine at https://bit.ly/3Zn47sF

03/17/2023

🤔Thinking about selling your veterinary hospital? You definitely want to learn more about what potential buyers look for when they purchase a practice and what M&A strategies are out there!

We’ve got just the resource for you. Tune into the conversation between Jeffrey Feldberg and Emmitt Nantz, COO at Galaxy Vets, in the new episode of “The Deep Wealth" podcast at https://bit.ly/3LsplAX

In this episode, Emmitt and Jeffrey discuss how Galaxy Vets’ employee stock ownership plan works, which aspects of it benefit practice owners and their teams, what may make a potential buyer walk away, and how to optimize your practice’s EBITDA and P&L before talking to a buyer.

💬"Specific to Galaxy, that's a couple of key opportunities. One, I'll look at people, I'll start with people. If you have a team that you've pulled together this, this talks to the culture piece. But if you've got a team that's engaged, they're curious, they problem-solve, and they want personal development and growth – that's really exciting to a potential buyer, that's an opportunity to leverage the talent that you've acquired to expand the entire enterprise," Emmitt says.

👉🏻If you want to take your hospital to the next level and join our Galaxy, book a meeting with Ryan Leech, our Head of Business Development, and let's talk about partnership opportunities at https://bit.ly/3mG08bV

03/16/2023

😅Working in can be tough, but it's also incredibly rewarding.

From dealing with mischievous patients to spending coffee breaks with colleagues, there's never a dull moment.

We've put together some memes that perfectly capture the joys (and occasional frustrations) of working in this field. Swipe through our carousel to check them out, and tag your friends so they can have a laugh, too!👇🏻

03/14/2023

🤔How is the influx of private equity capital changing the industry’s landscape and veterinary care delivery? Find out in the new "Consolidate That" podcast episode at https://bit.ly/3JixyoC

This time, Ryan Leech and Dr. Ivan Zak discuss a recent two-part episode of Freakonomics that investigated the impacts of consolidation on pet care.

They highlight the importance of trust and alignment between executive teams and private equity firms and the business growth challenges that practice owners face.

💬"If the executive team doesn't introduce things that are accepted with trust and if there's no trust in the executive team, I think that's where it all breaks apart," Dr. Ivan Zak says.

👉🏻If you want to take your hospital to the next level and join our Galaxy, book a meeting with Ryan Leech, our Head of Business Development, and let's talk about partnership opportunities at https://bit.ly/3mG08bV

03/14/2023

Burnout rates have returned to pre-pandemic levels after a significant spike in 2021, potentially due to COVID-19-related complications.

Our recent Burnout Study shows that work exhaustion has decreased over the past year, while job satisfaction has risen to the level of pre-2020. However, there are some critical findings to note:

📌Practice managers were the only group whose burnout rate increased and remained high

📌There was no significant difference in burnout rates between privately-owned and corporate practices or different practice categories (small animal, large animal, equine, etc.)

📌The lowest burnout rates were among relief workers and practice owners

As we continue to prioritize the well-being of our veterinary teams, let's keep an eye on those who may need extra support.

Check out the study summary for more insights on burnout levels in the veterinary industry and helpful recommendations for you and your team!

👉🏻Download the whitepaper at https://bit.ly/42agE4q

03/13/2023

🤓Have you heard about EBITDA?

EBITDA stands for earnings before interest, taxes, depreciation, and amortization. This measure shows a more realistic number for the buyer as it excludes owner benefits, rent, and other factors that have nothing to do with the actual profit of the practice.

To get the highest purchase price for your business, you need to strive to improve the value of your EBITDA since buyers are willing to pay more for clinics with substantial revenue!

📲If you wonder what your sale profit could be, visit our website to calculate your practice numbers: https://galaxyvets.com/galaxy-partnership-calculator/

Address

Dallas, TX
75226

Telephone

+15125605107

Website

https://galaxyvets.com/

Alerts

Be the first to know and let us send you an email when Galaxy Vets posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Galaxy Vets:

Videos

🌟We hope your day is as productive as our star employees, Dr. Biscuit and Chicken! Despite the many tasks and responsibilities we throw their way, these two always give 110%. They brighten up our online meetings with their adorable presence and are always happy to pose for cute photos during our team chats. For obvious reasons, they're the marketing department’s favorites! Big thanks to Marcy Rice for providing us with such fantastic associates!❤️ 💬Let us know in the comments which task you think Dr. Biscuit and Chicken excel at the most. #galaxyvets

Must-visit veterinary events in May

Don't let these veterinary events slip away from you this May! Put them on your calendar: 📌UVSA 2023 Annual Conference – May 1, San Antonio, Texas 📌US Vet Shows/Chicago – May 18, Chicago, Illinois 📌Fetch Miami by DVM360.com – May 19, Miami, Florida 📌NAVC Institute – May 21, Orlando, Florida 📌Emerald Coast Veterinary Conference - ECVC by Alabama Veterinary Medical Association – May 31, Miramar Beach, Florida Keep this list handy, and tag your conference buddies you plan to meet up with in the comment section!👇🏻 📲Check out our full guide to all the 2023 veterinary events and start planning your next big adventure now: https://bit.ly/3HeuolJ #galaxyvets

Have you ever felt not heard by your employer when providing feedback? Here's what you can do next time to make your voice heard: 1️⃣Be sure to choose a time and place when your manager is not busy or arrange a one-on-one meeting in advance. 2️⃣Use "I" statements when expressing your thoughts and feelings, such as, "I feel frustrated when … " to avoid any defensiveness or misunderstandings. 3️⃣Provide specific examples to illustrate your point. 💬Let us know in the comments if you've provided feedback to your management team before and how it has impacted the development and growth of your clinic! #galaxyvets

📲According to the American Veterinary Medical Association (AVMA), only 47% of veterinarians would recommend the profession, down from 76% in 2005. This is a clear sign that we must prioritize veterinary professionals' emotional and physical well-being and address work environment issues on an organizational level. At Galaxy Vets, we're always looking for actionable solutions to improve employee experience and prevent burnout. Our latest study explores the key burnout triggers in the veterinary profession, and we're excited to share our findings with you! 📃In the paper, we dive deep into each trigger, discussing how they can emerge in veterinary professionals and providing practical tips for management to eliminate risk factors. 👉🏻Download the research to learn more at https://bit.ly/3mrtuv1 #galaxyvets #vetmed #veterinaryeducation #notonemorevet #veterinaryconference #veterinarymedicine #nomv

Nope, sorry! You're wrong 😂 In fact, telehealth is the biggest game-changer that can help elevate the quality of care! 📌It's super convenient for prescription requests, virtual examinations, and post-surgical checkups. 📌It frees up in-clinic appointments for patients who need emergency care. 📌It takes the workload off on-call staff and allows pet owners from afar or those with transportation problems to get professional guidance at any time. Are there any other telehealth myths that you don’t agree with? List them in the comment section below! #galaxyvets

How to promote flexibility in your workplace?

Are you looking for ways to promote flexibility in your workplace? Our Vice President of Field Operations, Steve Kemph, has some great tips to share👇🏻 1️⃣Allow your doctors and their support teams to have a dedicated one-hour quiet time block midday or mid-afternoon. This time allows them to make client callbacks, catch up on medical charting, and treat pet drop-offs. It also helps technicians catch up on tasks like preparing surgical packs, charting, and cleaning. 2️⃣Have a daily 10-minute lunchtime burst meeting for each hospital branch to report on the current status of their work and what changes are needed for the rest of the day. This gives your hospital the flexibility to adapt to an ever-changing environment. What other ways do you promote flexibility in your workplace? Share your tips in the comments below! 📲If you want to partner with Galaxy Vets and build a workplace people enjoy coming to and feeling motivated by what they do together, then sign up at our website today: galaxyvets.com/galaxy-partnership-calculator #galaxyvets

🤩The job outlook for veterinary technicians is expected to grow 15% by 2030, per the U.S. Bureau of Labor Statistics! It means now is a perfect time to enhance your skills and knowledge to elevate your career and increase your earnings! 👉🏻Galaxy Vets' team can give you some excellent tips on how you can do it! Our Business Development Associate, Sarah Hall, RVT, recommends specializing in a particular area, offering more technician-led appointments, pursuing additional certifications, or taking on leadership roles to demonstrate your expertise and grow your career! 💬Have anything else to add? Share your tips on advancing as a veterinary technician in the comment section below! #galaxyvets

🤩A whole new month with a fresh batch of opportunities to connect, learn, and grow is upon us! April brings: 📌the Pain Management Forum by the International Veterinary Academy of Pain Management and American Association of Rehabilitation Veterinarians 📌the Mountain Veterinary Conference by the North Carolina Companion Animal Academy 📌the Uncharted Veterinary Conference by Andy Roark 📌the American Board of Veterinary Practitioners Symposium 📌the Florida Veterinary Medical Association Annual Conference 📌Fetch Arlington by DVM360.com 📌and the Veterinary Education Conference by New Jersey Veterinary Medical Association (NJVMA)! 💬Which one are you planning to attend? Let us know in the comments! 📅If you're ready to plan out your calendar until the end of the year, check out our complete list of all the veterinary events in 2023 at https://bit.ly/3v79YnQ #galaxyvets

Whether you're retiring, moving on to a new venture, or simply looking for a change, there are some important things to consider when selling your business! 🤔What will happen to your team? 🤔Do you have a timeline in mind, or are you happy to let it ride out and see what happens? 🤔What will you do with your free time once you're no longer running your business? Don't worry if you're feeling overwhelmed – our Head of Business Development, Ryan Leech, has your back! If you have any questions about selling your veterinary clinic, please leave them in the comment section below, and we'll be happy to answer them! 👉🏻Or visit our website to calculate your numbers and book a discovery call with our team: https://galaxyvets.com/galaxy-partnership-calculator/ #galaxyvets

📌Galaxy Vets' latest Burnout Study results are in, and the findings are alarming. Burnout is affecting women and younger veterinary professionals the most! Results showed more work experience was associated with less burnout and vice-versa. This trend suggests that more experienced veterinary professionals may be better equipped to manage the challenges of their job than their younger counterparts. By paying special attention to the needs of these most vulnerable groups, veterinary leaders can better support their employees and reduce the risk of burnout, leading to a healthier and more productive workplace for everyone. 📲Download the full report with some actionable recommendations based on our findings: https://bit.ly/42agE4q #galaxyvets

🦸‍♀️As a veterinary professional, it's easy to get caught up in the daily grind. But you can thrive despite all the challenges, as long as you make self-care your top priority! 🙌🏻Remember, taking care of yourself isn't a luxury. It's a necessity! Without a healthy mind and body, you won't be able to perform at your best and give your patients the care they deserve. If you're looking for a workplace that values your well-being and supports your growth, then Galaxy Vets is the place to be. We believe a positive work environment is key to our success, and we're committed to fostering a culture of care and support for our employees. 📲Head to our website, sign up for one of our upcoming Future Employee Meetups, and let's meet: galaxyvets.com #galaxyvets

What is EBITDA?

🤓Have you heard about EBITDA? EBITDA stands for earnings before interest, taxes, depreciation, and amortization. This measure shows a more realistic number for the buyer as it excludes owner benefits, rent, and other factors that have nothing to do with the actual profit of the practice. To get the highest purchase price for your business, you need to strive to improve the value of your EBITDA since buyers are willing to pay more for clinics with substantial revenue! 📲If you wonder what your sale profit could be, visit our website to calculate your practice numbers: https://galaxyvets.com/galaxy-partnership-calculator/ #galaxyvets