New educational resource for veterinarians looking to build a honey bee medicine business
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EmailNavigate financial planning to achieve a sustainable honey bee medicine business plan.
A new resource, “Creating a Honey Bee Medicine Business,” helps aspiring honey bee veterinarians determine the beginning financials of a honey bee medicine service. An accompanying workbook walks learners through many aspects of a honey bee medicine business plan such as determining service charges, how many clients to expect, and how the seasonality of the beekeeping industry can impact profits. Mock examples of service scenarios help learners determine the financials of a new honey bee medicine service.
Why are honey bee medicine financials unique and important to analyze?
For many areas of veterinary care, there are established expectations regarding the types of clients one can expect and how much to charge based on animal, location, and treatments. Since honey bee medicine is a relatively new area of practice, many veterinarians are unsure what to charge beekeeper clients and how to get started with this service or business. The “Creating a Honey Bee Medicine Business” learning module will help veterinarians work through the answers to some of these questions by guiding them to develop a business plan and business expectations.
Units in Creating a Honey Bee Medicine Business
- Should you become a honey bee veterinarian?
- Market analysis
- Adding honey bee medicine or starting a new practice
- Financial management
- Logistics and legalities
- Business plan
Find resources and information at www.BeesNeedVets.com.
Questions about this resource can be sent to honeybees@msu.edu.
Acknowledgments
The Creating a honey bee medicine business resource was created by Michigan State University, University of Minnesota, University of Florida, and Texas A&M University.
This work is created with funding from the Veterinary Services Grant Program (VSGP) Education, Extension, and Training (EET) competitive grants program of the USDA National Institute of Food and Agriculture (NIFA) (2022-04170) and the USDA NIFE Sustainable Agriculture Research and Education (SARE) Research and Education Grant Program (LNC22-468).
Any opinions, findings, conclusions, or recommendations expressed in this publication are those of the authors and do not necessarily reflect the view of the U.S. Department of Agriculture.
