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Michael Hargrove, DVM, MBA, CVA

Column: Money Matters

Dr. Michael Hargrove owns North Shore Veterinary Hospital in Duluth, Minnesota. He also works for Summit Veterinary Advisors, where his focus is excellence in practice valuation.

Dr. Michael Hargrove owns North Shore Veterinary Hospital in Duluth, Minnesota. He also works for Summit Veterinary Advisors, where his focus is excellence in practice valuation.

profit

How Much Profit Is Enough?

Money Matters

How you spend excess money is your decision, not your adviser’s, but make sure you set goals and have a path to attain them.

Not that long ago, many veterinarians considered profit an unworthy goal. After all, they had a higher purpose: a calling to care for animals and prevent and alleviate their suffering. Profit was not a priority. As long as there was enough money to keep the lights on, things were fine. Keeping the lights on, however, […]

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