Entries by Andrew Clark.
Start Early, Pay Yourself First
Oct 14, 2016 by Andrew Clark
Its “Financial Friday” again! In the past 5 years I have had the good fortune to do some consulting work for a national branding and marketing firm. ... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Plan Well for Equipment Purchases
Oct 7, 2016 by Andrew Clark
One of the ‘tricky’ things about your financials is that you have to look at your Income Statement, Cash Flow Statement and Balance Sheet before you can make... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Protecting The Financial Health of Your Practice if You Can’t Work
Sep 30, 2016 by Andrew Clark
I often decide on the Financial Friday blog topic as a result of a “real life” discussion during the week that illuminates a profitability or cash flow challenge.... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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It is Time for Your Monthly Action-Review Your Financial Reports
Sep 16, 2016 by Andrew Clark
It is mid September now and your practice financials should be ready for you to review. If you have been following Financial Friday for a while you will remember... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Never Use Miscellaneous as a Category in Your Financials
Sep 2, 2016 by Andrew Clark
I am always skeptical about the value of financial statements that include the word miscellaneous. I was reviewing the financials on a practice that one of my Virtual CEO... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Albert Einstein, Financial Advisor?
Aug 26, 2016 by Andrew Clark
Many, if not most veterinary practice owners and their staffs repeat the same financial policies, procedures, and decisions every month for years and even decades. In spite of this remarkable... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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It is Financial Friday August 19 What Should I be Managing?
Aug 19, 2016 by Andrew Clark
By this time of the month the financial statements for July should be available. In an earlier Financial Friday Blog, I suggested that you commit to monthly financial management... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
How much is it costing you to get the best price on everything?
Aug 12, 2016 by Andrew Clark
Our objective for ismypracticehealthy.com daily blogs is to create brief, high impact content that can immediately be used to improve a business. I look for Financial Friday nuggets... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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Understand the Real Cost of Training Required to Add a Service to Your Practice
Aug 5, 2016 by Andrew Clark
Before committing to attend a training course to enable your business to provide a new service to your clients, be sure you understand all the costs associated with the course.... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Financial Friday
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Renegotiate Your P & L Expense Agreements
Jul 29, 2016 by Andrew Clark
The past few Financial Fridays have focused on developing a process to use financial statements and practice management reports to identify expenses that just seem to be too high (or... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Management ,Financial Friday
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