Finance Archives

How to Counter Fee Feedback

Paying team members, increasing salaries, maintaining the clinic, purchasing new equipment and enhancing profits require you to increase your fees.

Notify your employees as soon as you know their paychecks will be reduced or delayed.

Like tracking COGS as a percentage of revenue, you must understand the cost of employing everyone who is not a veterinarian.

Team members tend to know each other’s pay, particularly within their job role.

Whenever workplaces consciously keep employees who are bad for business, the objective is to find a job that reduces their damage.

To attract, retain and reward employees, practice owners must offer competitive compensation as well as a properly designed retirement plan.

A chart of accounts is a framework for financial statements, similar to how the skeletal system is a framework for the body.

Bonus depreciation, capital gains rates and like-kind exchanges should be on your radar.

Getting your financial life in order is very important.

The pandemic changed how veterinarians do business. Here are five things to focus on.