Veterinary pricing structures: Our experts are here to help
WHAT IS THE RIGHT AMOUNT TO CHARGE FOR VETERINARY SERVICES?
The public perception of our profession may be that the services we offer are expensive, and that the people who work in it are particularly well paid.
Unfortunately, we know better.
Veterinary practices are difficult and expensive to run. Establishing the qualifications needed to offer care, advice and guidance takes years and costs serious money – a conservative estimate would put it at six figures minimum to qualify as a vet.
And the current economic climate only squeezes margins tighter.
In this landscape, the obvious answer tends to be the right one. We need to be charging more for our services. But of course, our clients are struggling financially too.
Finding the balance between supporting our clients and earning fair profits from the services we provide is a fine line to tread.
But we’re here to help.
Our team lead the way in building veterinary pricing structures to be able to help you to navigate the process of setting prices in a sensible, fair and transparent way – and we’ve already achieved great success.
A SCIENTIFIC APPROACH TO BALANCING YOUR PRICES AGAINST YOUR COSTS
With decades of experience in the industry, our team has established systems that allow us to consult with practices on the costs associated with running a practice, the profit margins of the services we offer and the best way to introduce new pricing structures into your business.
Our past clients have reported great returns from implementing our advice including:
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A two vet practice in the south of England turning over £350,000 per FTE – where we’ve delivered a 17.1% increase
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A multi-site group in the north west of England – where we’ve delivered a 15.8% increase
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A single site hospital practice in north west of England – where we've delivered a 14.3% increase
We offer training onsite or via Zoom for team leaders to audit your practice’s costs and to take a scientific approach to setting prices, rather than settling for industry norms.
If you’re interested in finding out more, contact us to set up a one to one chat with our experts.
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