Finance

When selling to an associate makes sense

When an associate veterinarian buys the practice, the seller usually has a greater ability to negotiate the most important benefits.

Finance

Make effective use of your team

Veterinarians generate active income. The all-important passive income starts with the staff members.

Finance

Cash or credit?

If this is your first foray into lending, look beyond the interest rate offered and take a close look at the services and support each lender offers.

Finance

The real deal

Getting a good deal for your hospital involves more than just the sales price. The sales terms could have an impact on your personal finances and lifestyle for years afterward.

Finance

Client financing pays dividends

Clients can quickly and easily apply for financing themselves, often from a smartphone.

Finance

A Budget Can Help You Reach Your Goals

A tangible spending plan is your vision for the future and is important for the financial health and success of your practice.

Finance

Chart a New Financial Course

The AAHA/VMG Chart of Accounts establishes an industry standard that allows for more accurate benchmarking.

Finance

KPIs Leave out the Whys

Key performance indicators for veterinary practices help monitor the success of your actions, but they don’t explain the reasons for change.

Finance

Buying Equipment Soon Could Lower Your Tax Bill

Veterinary practices should explore IRS sections 179 and 168(k) as a money-saving tactic.

Finance

Using EBITDA Can Be Tricky

The popular financial metric is not the most accurate method for calculating profitability or a veterinary hospital’s value.

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