Launching a veterinary practice is an exciting milestone, but choosing the right legal structure can make or break long-term success.
Peter Tanella, Esq., Chair of the National Veterinary Law Group, and Eileen Funnell, Esq., Associate at Mandelbaum Barrett PC, co-authored a must-read article breaking down the pros, cons, and real-world implications of entity selection for veterinary entrepreneurs.
From the simplicity of a sole proprietorship to the tax advantages of an S corporation, and the flexibility of LLCs, the article explores how each option impacts liability, taxation, growth potential, and succession planning. Real case studies illustrate how the right (or wrong) choice can shape a practice’s future.
Whether you’re starting up, scaling, or planning for transition, understanding your business structure is essential to protecting your assets and positioning your practice for long-term success.