Taking the burden of practice management and administration away from the clinician allows for efficiencies to be made in time, productivity and profitability.
Through a profit partnership, Nupsala Partners helps the clinician achieve greater profits by decreasing expenditure and maximising your time as a vet.
Your own business
Nupsala Partners offers ambulatory equine vets the benefit of having your own business, managing your clients, working the hours that suit you and using your preferred treatment strategies without the constraints of a larger organisation or the burden of business administration of ‘going it alone’.
It’s your business with our support for shared success. You become a vet so that you could be a vet, let us take care of the rest.
Your practice will be appointed a dedicated administrative assistant to perform all clerical duties, managing and distributing information for the practice. This generally includes answering phones, managing the appointment diary, maintaining clients records, invoice creation, stock control and general administration.
Employee administration is all taken care of by Nupsala Partners. Your administrative assistant will be paid and managed by Nupsala and therefore all matters of employment are the responsibility of Nupsala, not yourself. This also means constant cover should your assistant be on holiday or sick. If your assistant is busy on a call, another assistant will answer your phone on behalf of your practice, ensuring your clients get the very best service.
Bookkeeping and Credit Control
Nupsala Partners will control all aspects of bookkeeping, expenses, bank reconciliation, payment of creditors and preparation of annual accounts. Monthly management accounts will be prepared showing profit & loss, cash position and balance sheet.
Credit control is one of the key advantages of Nupsala Partners, removing the often unpleasant experience of having to chase your clients for invoice payment. Getting clients to adhere to payment terms and terms of business will ensure cashflow is optimised.
Stock Control and Asset Management
Part of the Nupsala Group, Nupsala Partners benefits from Nupsala Pharmacy, a VMD approved veterinary wholesaler. Centralised stock control, purchasing and regulatory compliance will ensure optimal product gross profit margin. Sourcing product at the best possible price, regulatory compliance with correct documentation for cascade products and regulatory inspection will all be centrally managed.
You will receive a regular weekly restock of inventory used from the previous week of your vehicle. Emergency resupply or specific product requests can be handled for next day delivery.
Nupsala Pharmacy e-platform also gives your practice ongoing sales, removes the logistical hassle of getting your client the repeat medication or supply general product to your clients from which you earn your veterinary margin.
From time to time you may want to talk to another veterinary surgeon about a patient or seek technical assistance with a certain procedure.
Nupsala Partners benefit from Nupsala Veterinary Services clinical team. Made up of experienced equine practitioners, who have spent several years in practice and are on hand during the day to help you.
Marketing and PR
As an ambulatory practice, marketing is not normally top of your task list, but a steady flow of clients is essential.
Nupsala Partners will help you devise a marketing strategy and help with ongoing marketing support, digital media and promotional campaigns to boost revenue or service.
Nupsala Partners’ administrative package term of assistance is the period between the start date on which you make your first payment, the administrative package starts from as little as £1500 depending on the level of service you require. The subsequent assistance will be invoiced the calendar month thereafter on a rolling 12 month basis following an initial 3 month trial.
Working as a partnership to drive the practice forward, Nupsala Partners operate a 15% profit share of the gross profit from the business. It is therefore in both of our interests to ensure the practice is running as efficiently as possible.
Through efficiencies and increased profits, the cost of using Nupsala Partners is considered as a positive investment towards your increased quality of life and time outside of being a vet, securing the personal drawings you wish to take from the business and looking forward to the development of your business.
©Nupsala Partners 2019.
Nupsala Partners is a trading name of Nupsala Limited, Registered in England and Wales number 8054726