Finance
An inside job
Many embezzlements occur because a practice has not implemented appropriate internal controls.
Practice Ownership
Selling Your Hospital Can’t Be Your Only Retirement Plan
Retirement planning should begin well in advance of a potential sale.
Practice Ownership
Uneasy Street
Just as we must convey the value of what we recommend for a client’s pet, we must understand the value of monitoring the financial health of our practices.
Practice Ownership
Know when to fold ’em
Ideally, you want to sell your practice for maximum profit, with minimal disruption and at a time that works best for you.
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.
Practice Ownership
The Goldilocks concept
Corporate consolidation is well underway. It’s a natural economic response to a very successful and fragmented industry.
Practice Ownership
Value Judgments
For hospital owners who plan to work for five years or longer, the rewards for selling today may be less than the earnings generated by the practice in the years before a sale.
Practice Ownership
Get Onboard With Pet Boarding
Providing a safe haven for cats and dogs while their owners are away can be a moneymaker.