Finance

Succeed With a Succession Plan

The sale of your practice to a colleague or outside party when you aren’t present is fraught with trouble if detailed instructions aren’t in place.

Finance

Retirement Plans Work for You

The investment program you and your employees participate in might not be the same one everyone turns to when it’s time to step away from the practice.

Finance

How COVID-19 Affects Your Student Loans

Conserving cash is a smart move during these trying times even as the government steps in with relief for borrowers.

Finance

Don’t Shortchange Yourself

Practice owners, just like their staff, deserve fair compensation. Revenue is key, of course, but you can increase it by regularly adjusting your fee schedules and eliminating giveaways.

Finance

Lost and Found

Missed charges can cost a veterinary practice tens of thousands of dollars a year. Using audits, better protocols and safety nets will help you keep more of what you truly earned.

Finance

Why We Charge What We Do

Relief veterinarians must account for a lot of expenses when setting their fees. Remember, they’re business-to-business service providers.

Finance

Don’t Rush Into a Sale

Five to seven years out is the time to begin prepping your practice for a transition and thinking about what you will do in the next chapter of your life.

Finance

Rise to the Occasion

Don’t concede the loss of preventive medications to retail giants. A few corrections will get you back on a profitable path.

Finance

It’s Self-Exam Time

All hospitals need an occasional health check. Dive into the numbers, inspect the surroundings and review your digital presence to discover what ails your practice.

Finance

The Value of Waiting

Should you sell your veterinary practice while prices are high, or does a better option exist?

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