How do top practices increase profitability?October 19, 2017Veterinarians have a bleak outlook of their current state of financial affairs and of their future prospects, according to a 2013 landmark study* that presented financial health data of practitioners at different ages and phases of their careers.
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Stay ahead of the tax-time curveAugust 24, 2017Thinking about April 15 often sends shivers down the spines of most, including owners of veterinary practices. With liability issues, increased regulatory burdens and an ever-changing tax code, many veterinarians don’t have the time to keep up with all the different financial aspects of the job, which is why most hire some sort of accountant or bookkeeper.
How do I talk to the practice owner about not giving discounts?September 14, 2016There are four key things I believe make discounting really detrimental to the smooth running of the practice. And none of them have anything to do with the bottom line. My advice would be not to make the financial implications of discounting the focus of your discussion.
