Unmet market needs offer new business opportunities, but they are not always easy to recognize nor to design a business plan that exploits the possibilities. Dr. Arn Anderson, owner and operator of Cross Timbers Veterinary Hospital in Bowie, correctly identified a market opportunity and put in place a market plan to fill the need. When area veterinarians retire or close their businesses due to injuries or sickness, Anderson buys their clinics. These businesses have been established for a long time and usually need updating. Anderson and his partners remodel the clinics and install new state-of-the-art equipment. He then interviews and hires a graduating vet to operate the business. The young graduates are given a guaranteed salary and fringe benefits such as vacations, sick leave, and an insurance program. They are hired with a commitment that they will eventually buy into their clinic. Anderson and the other vets in the system stay in close contact with each other to provide advice, guidance, and support. BEEF Magazine looks at Anderson’s outreach to new veterinarians, and how this benefits local cattle raisers. Read more…
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