Navigating Veterinary Financing with Chris Howard
EP 001
In this episode, host Bill Murray sits down with Chris Howard, the National Sales Manager for Bank of America’s Practice Solutions Division, to explore the world of veterinary financing and practice ownership. Chris shares his personal journey, from entering the field to his current role, where he supports veterinarians looking to finance and grow their practices. His extensive experience allows him to offer invaluable insights into the intricacies of practice financing, from funding a new practice to expanding an existing one.
Additionally, Chris provides advice for veterinarians contemplating ownership, stressing the need to understand financing options and prepare for future goals, including retirement. His guidance on navigating financing options is essential for associates considering the leap into ownership, as well as for established owners planning their next steps. The episode offers a wealth of practical tips and considerations for anyone in the veterinary field.
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Wicklow Healthcare Advisory aims to support healthcare practitioners.
Chris Howard has a rich background in veterinary financing.
Building relationships is crucial in veterinary sales.
Bank of America offers unique financing solutions for veterinarians.
Veterinary practice ownership is evolving with new opportunities.
Understanding financing options is key for new veterinarians.
The veterinary industry remains resilient despite economic challenges.
Associates should be aware of ownership opportunities.
Research is essential when seeking financing for practices.
Personal aspirations play a role in professional decisions.
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00:00 Introduction to Industry Insiders with Wicklow Healthcare Advisory
01:25 Introducing Chris Howard, National Sales Manager for Bank of America's Practice Solutions Division
02:33 Chris Howard's Background and Career at Bank of America
04:22 Progression in the Veterinary Industry: Inside Sales, Outside Sales, and National Sales
09:26 Building Relationships with Industry Partners in the Veterinary Industry
12:26 Bank of America's Role in Veterinary Financing: Access to Capital and Comprehensive Support
13:11 Trends in the Veterinary Industry: Private Practice Ownership vs. Private Equity
16:14 Geographic Trends in the Veterinary Industry
17:14 Chris Howard's Role as National Sales Manager and Supporting the Veterinary Industry
29:52 Advice for Veterinarians Considering Financing Options
34:11 Chris Howard's Retirement Story: Ireland and Killarney
36:20 Closing Remarks and Contact Information
