Entries with the topic Featured 3.
Inventory management impacts profitability and practice value
Feb 8, 2017 by Edward L. Blach, DVM, MS, MBA
Inventory and related services such as radiology costs, laboratory costs, and others, represent the second largest expense category in most veterinary practices. The category is known in the chart... [ Continue Reading ]
Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday
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Super leadership on display
Feb 7, 2017 by Edward L. Blach, DVM, MS, MBA
The recent Super Bowl provided some great examples of leadership that we can apply to veterinary practices. The New England Patriots, much maligned for numerous controversial efforts to gain... [ Continue Reading ]
Topics: Featured 3 ,Build and Lead Your Team ,Team Tuesday
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Is your practice a taxi or an uber?
Feb 6, 2017 by Edward L. Blach, DVM, MS, MBA
Uber is a ride-sharing service started in 2009. It allows users who need a ride to order a car for hire using a mobile application on their mobile device.  ... [ Continue Reading ]
Topics: Featured 3 ,Sales and Marketing ,Marketing Monday
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Poor management is expensive
Feb 3, 2017 by Edward L. Blach, DVM, MS, MBA
Veterinary practices can be very good businesses. However, most veterinarians get very little business education in their formal education. The result is often a veterinarian who makes many... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
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What customers want versus what customers need
Feb 2, 2017 by Edward L. Blach, DVM, MS, MBA
As veterinarians, we’re taught to advise clients about what they need. We learn a lot of science and medicine that leads to diagnosing a problem and then... [ Continue Reading ]
Topics: Featured 3 ,Provide Exemplary Care ,Service Thursday
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Veterinary Study Groups - a special opportunity
Feb 1, 2017 by Edward L. Blach, DVM, MS, MBA
Veterinary Study Groups (VSG) is a remarkable program for the veterinary industry. It provides an opportunity for owners of veterinary practices that is unparalleled in many industries today.  ... [ Continue Reading ]
Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday
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Trust is crucial
Jan 31, 2017 by Edward L. Blach, DVM, MS, MBA
In building your team, building trust is absolutely essential! One of the challenges of leadership is to successfully, routinely, and reliably transfer responsibility to someone else. Great leaders... [ Continue Reading ]
Topics: Featured 3 ,Build and Lead Your Team ,Team Tuesday
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How do you know if your marketing is working?
Jan 30, 2017 by Edward L. Blach, DVM, MS, MBA
Connecting the dots from the results of your marketing to the money you spent for marketing is not always as simple as adding 2 + 2. There is an old adage in... [ Continue Reading ]
Topics: Featured 3 ,Sales and Marketing ,Marketing Monday
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Encore: Pay Yourself First
Jan 27, 2017 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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Exemplary care is more than medicine
Jan 26, 2017 by Edward L. Blach, DVM, MS, MBA
Veterinarians are thought of primarily by their clients for instances of injury and illness. Though veterinary opinions have some impact regarding other issues such as nutrition and behavior, our... [ Continue Reading ]
Topics: Featured 3 ,Provide Exemplary Care ,Service Thursday
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