Finance
Be a number cruncher
Analyzing income-to-expense ratios will help unlock profits. A detailed chart of accounts and benchmark reports are good starting places.
Practice Ownership
Your Fair Share
How veterinary hospital owners are paid — and how much — depends on the responsibilities they hold and the budgets and policies that are in place.
Practice Ownership
A place to call your own
Starting a veterinary practice represents a major investment that will reshape your entire professional career and your personal life.
Finance
Think twice
Before you put more money into your practice, evaluate how quickly the investment will contribute to the bottom line.
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
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 Management
Make it your business
Some states prevent non-veterinarians from owning a clinic. The opposition arises from a legitimate concern over animal welfare.
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.