Entering into Branch Partnership
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“ If it wasn’t for Branch Partnership, The key to running your own practice; branch partnership. I would have never owned my At Medivet, our mission is clear: to deliver truly exceptional care to our clients and their pets, and to always be there when they need us. Simply put, it’s exceptional care that’s own practice.” always there. Tine Van Egdom, Our unique hub and spoke model, consisting of over 331 practices and 24 state‑of‑the‑art Branch Partner, Portland 24-hour centres, champions collaborative working and clinical excellence. It’s home to a community of 150 Branch Partners and over 800 vets. Here, you’ll have access to a wealth of knowledge, skills, the latest treatments and diagnostic equipment, enabling you to deliver the highest level of clinical care. Many vets think about the next step in their career. We call this next step Branch Partnership, and we’ve helped Branch Partners – at various stages of their careers – to realise their ambition of owning a practice. Our Branch Partners join us as a true equity partner, which at Medivet means owning and growing their own practice, their way. We’re right there with them; helping them find the right location, offering unrivalled support, sharing in the costs and profit from our success.
Invest in yourself and Your personality as a Branch Partner is what shines through to our clients, reassuring them and solidifying your reputation in the community. We value your insight and expertise, so there’s nothing impact the future of the to hold you back from being a successful veterinary surgeon and a business owner. veterinary profession. “ Medivet’s expertise in the background and the support they provide gives me the freedom to just be a vet and Becoming a Branch Partner is an affordable and accessible way develop my clinic.” for ambitious vets to buy a share of and shape a Medivet practice. We don’t call it a return on investment, rather a return on success Tine Van Egdom MRCVS, and a way to acknowledge the value you bring to the industry. Branch Partner, Portland “ You receive the rewards of the work that you put into Branch Partnership. Whatever equity “ Medivet branches have their own individual style, not all branches are the same, But you’re part of something percentage you own, you get that percentage bigger, too. I’m able to have my own way of working back out. I’m doing the veterinary side of work for with support and help in the decision-making process. my percentage and Medivet are doing everything I’ve built bonds with clients, a lot of them have been else for their percentage. It feels very equal.” around for years.” Emma Evans, Simon Pudsey, Branch Partner, Sutton Farm Branch Partner, Coventry
Grow professionally, clinically and financially. Becoming a Branch Partner isn’t about how commercially‑minded or clinically experienced you are – it’s about the difference you’re ready to make to a practice, as the support and development you’ll receive are second to none. “ My branch very much feels like we are part of our community. We know a lot of our clients on a first name basis – we’ve got a really big client base that are very, very loyal.” Emma Evans, “ I have no regrets about becoming a Branch Partner, because there’s enough scope in the Medivet model Branch Partner, Sutton Farm to be able to have your practice as you want it.” Oliver Duprey, Branch Partner, Southend 24-Hour Centre
“ Since becoming a Branch Partner, I’ve been able to develop my clinical work and progress as As a Branch Partner, you can lead your team to become the best veterinary practice in your area, operating with complete clinical freedom, all while benefiting from additional guidance and support. This comes from our Clinical Operations and Support Centre a vet. I’ve completed another certificate and been teams so you can focus on your practice’s success and your supported by many people that are available to own clinical progression. help with leadership and management.” Emma Evans, Branch Partner, Sutton Farm “ If you want to progress and continue to improve in yourself at every level, then becoming a Branch Partner is “ a brilliant thing to do. You’re protected – this is as low risk as you can get going into business ownership because Medivet provide the tools you need to develop the you are supported by a massive wealth of experience practice as a Branch Partner. You can get on with in terms of business ownership, and clinical support.” running the branch. The clinical work drives our business, and without the clinical work, we have Oliver Duprey, no business. They support in all the other activities, Branch Partner, Southend 24-Hour Centre things like wages, finance, health and safety and marketing.” Unlike joint venture partnerships and franchises, we help you secure finance for up to 50% equity, so there’s no fixed approach to how Simon Pudsey, much of a branch you own or a pre-determined time you have to sell Branch Partner, Coventry your shares. There’s no limit to what you can achieve both in terms of your improved income or the prospects of your clinic.
Finding the right “ The relationship I have with Medivet has helped me unlock the potential of this practice.” practice for you. Simon Cook, Branch Partner, Shrewsbury 24-Hour Centre With over 331 practices and 24 24-hour centres across the UK, we have partnership opportunities in various locations. As a Medivet Branch Partner, you’re not assigned a practice; we take on board the sort of area you are looking for – from large towns and cities to something more rural or even beside the sea. Together, we’ll explore our portfolio that’s been built around our communities and our vets, so we can help you achieve your goal of running your own practice, in a setting that’s right for you. You won’t be deciding on your own. We’ll provide you with information on the practice and the wider location, population demographics, and competitor analysis. In addition to our existing network, we are currently looking to open several new state-of-the-art practices in the following locations: • Dereham, Norfolk • Whitsable, Kent • Hempstead Valley, Kent • West Bridgeford, Nottingham • Letchworth, Hertfordshire • Northallerton, • Basingstoke, Hampshire North Yorkshire
“ Branch Partnership allows me to retain a degree of agency and allows me to develop my branch, bond to it and be rewarded. And it’s not simply financial. It’s how I see myself within the branch, being able to develop it, being able to work with a team and look at that for the longer term.” Simon Pudsey, Branch Partner, Coventry “ The most positive things about being a Branch Partner? The difference I have made to the clinic. I took over a practice and I worked really hard to build it up and now we are doing very well. “ Becoming a Branch Partner was a no-brainer really – buying into a practice that was already As for the extra income, it’s beyond what you would earn being just a normal employee. Plus, the flexibility to be my own boss without having the established which I could then grow, and that I responsibility of the non clinical aspects suits me, have grown, with the support of a wider team.” I don’t have to do at all.” Reena Patel, Tine Van Egdom, Branch Partner, Pinner and Stanmore Branch Partner, Portland
Partnership • Our Clinical Operations team provide you with all the support and guidance to enable you to develop your practice. “ We both share in the benefits. • You will have freedom to practise in the way we were taught at university; our practice – we share in the costs, we share in the community is built on trust. profit, we share in the We’re redefining what it means to work together – as we and our Branch Partners decision making.” • You’ll be part of an 800 strong vet both share in the costs and profit, we’re true community, unlike independent equity partners rather than a joint venture Peter Arbeid, practice owners. Branch Partner, Kensington partnership or franchise. You’re able to have real input and impact on the practice • Your efforts will be rewarded financially in 24-Hour Centre line with your practice’s success, meaning “ you run. your income could vastly exceed your current salary expectations. • In addition to helping you to find the I’m able to have my own right clinic, we will help you to decide the • You’ll benefit from true work/life balance way of working with best equity model and provide you with working four-day weeks, enjoying six financial support. weeks’ holiday and excellent maternity support and help in the and paternity benefits. decision‑making process.” • Our Hub and Spoke model gives you access to state-of-the-art equipment and • You can sell your equity at any time, Simon Pudsey, specialists in our group, enabling you to retaining complete control of your career. Branch Partner, Coventry remain invested in cases. • You have a hand in building the best • Our Support Centre team help you look place to work in the veterinary industry, after the non-clinical aspects of running experiencing genuine job satisfaction a practice – giving you the opportunity thanks to the value you bring and the to gain experience from them. influence you have.
“ I think the partnership model is probably Medivet’s best kept secret. The partnership model is the best of both worlds. For me, it’s without question the best thing I’ve ever done.” Andrew McVey MRCVS, Branch Partner, Orrell Park, Anfield and Mossley Hill
Frequently asked questions Is this a franchise or Joint Will I need to understand the commercial Venture Partnership? aspects of running a practice? No, unlike other models this is a true equity Not at all – our partnership focuses on partnership which means we share in the the difference you can make, not how costs and profit together. commercially-minded or clinically experienced you are. We offer support, guidance and Am I tied into a specific amount of equity training to help you develop both clinically for a particular amount of time? and commercially. Your equity is at a level you can afford and How many years’ experience will I that is tailored to you. You can sell your share need before I am eligible to become a at any time. Branch Partner? Do I really get to shape and grow Our Branch Partners come from all the business? backgrounds, with varying years’ clinical experience. Our Hub and Spoke model and Yes! You have complete clinical freedom and community of 800 professionals means the responsibility to instil the ethos you want you’re always learning – becoming a Branch for your practice and your team, and to reach Partner expands your career prospects, it targets you set for yourself. doesn’t limit them.
“ As long as you have a good grounding for your clinical work and you are building relationships with clients, you really are doing the vast majority of what a Branch Partner does. Grab hold of this chance with both hands, because it is an amazing opportunity. Without Medivet, I wouldn’t have ever been able to experience owning my own practice.” Emma Evans, Branch Partner, Sutton Farm
It’s time to make a difference “ Medivet want to see each practice and the individuals within them succeed. Success for you is success for them – you’re heading in the same direction.” Oliver Duprey, Branch Partner, Southend 24-Hour Centre For more information or a confidential chat, please contact Dr Ciara McCormack, Director of Clinical Operations on ciara.mccormack@medivet.co.uk medivet.co.uk/careers
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