Entries with the topic Finance.
Business rounds, give them a try!
Jul 22, 2016 by Andrew Clark
In the last few Financial Friday blogs, I focused on which reports that you have the technological ability to produce and are useful in managing profitability in your business. ... [ Continue Reading ]
Topics: Featured 3 ,Administration ,Finance ,Management ,Financial Friday
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Commit to Monthly Action - Part 2
Jul 15, 2016 by Andrew Clark
Commit to Monthly Action - Part 2 – Review the practice reports your practice can currently generate To paraphrase several communications, “I’m... [ Continue Reading ]
Topics: Featured 3 ,Administration ,Finance ,Management ,Financial Friday
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What’s driving practice acquisitions?
Jul 8, 2016 by Edward L. Blach, DVM, MS, MBA
The veterinary industry is experiencing some major consolidation or roll-ups as companies such as VCA and others continue to purchase veterinary practices. What is driving this activity? For years,... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Should I sell product or not?
Jul 6, 2016 by Edward L. Blach, DVM, MS, MBA
A common question heard amongst practice owners and that is discussed at length in veterinary press is, "Should veterinarians sell product or not?" There have been many articles written recommending... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Optimize Inventory and Suppliers ,Supplier Wednesday
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Commit to Monthly Action - Part 1 - Review the financials your practice can currently generate
Jul 1, 2016 by Andrew Clark
Although I would like to see more people use the “comment box” functionality below each daily blog, I receive a fair number of personal emails and texts... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Getting Started ,Financial Friday
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Every Veterinary Practice Stores the Inventory Equivalent of Cash
Jun 24, 2016 by Andrew Clark
Managing a practice should begin with the low hanging fruit, selecting opportunities that will yield the largest improvement in cash flow or profitability for the smallest effort or cost. ... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Optimize Inventory and Suppliers ,Financial Friday
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Elevate Your Practice’s Financial Management above the Crowd, Use a Budget
Jun 17, 2016 by Andrew Clark
Our Veterinary Colleges educate most graduates to go out into the world and become business owners and employees. The principles of business management vary little from industry to industry.... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Financial Friday
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Your dashboard tells the story
Jun 15, 2016 by Edward L. Blach, DVM, MS, MBA
It's mid-month and it's time to examine the performance of your practice over the past month and beyond, if you haven't done so already. You invest... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Optimize Inventory and Suppliers ,Supplier Wednesday
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If managed properly, one-doctor practices can be sold
Jun 10, 2016 by Andrew Clark
Last week's Financial Friday blog, "Manage Your Solo Practice So That It Can Be Sold" led to quite a few discussions with veterinarians with remarkably strong opinions and experiences... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Financial Friday
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Manage Your Solo Practice So That It Can Be Sold
Jun 3, 2016 by Andrew Clark
In a recent discussion, a veterinarian who would like to sell a solo practitioner equine predominant client list, asked for ideas on how to value the client list. A... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Financial Friday
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