Entries with the topic Featured 3.
Is real-time, on demand inventory in our future?
Jan 25, 2017 by Edward L. Blach, DVM, MS, MBA
Inventory and related costs represent the second highest cost in most practices. Therefore, failure to properly manage inventory can drastically reduce profitability and practice value. With all of... [ Continue Reading ]
Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday
No comments found, be the first to post a comment.
Depth and redundancy are important for every team
Jan 24, 2017 by Edward L. Blach, DVM, MS, MBA
Creating depth and redundancy on your team is very important. If someone on your team is irreplaceable, you should be fearful. It is very important to have multiple... [ Continue Reading ]
Topics: Featured 3 ,Build and Lead Your Team ,Team Tuesday
No comments found, be the first to post a comment.
Protect and promote your brand
Jan 23, 2017 by Edward L. Blach, DVM, MS, MBA
As time goes by and your practice grows, it’s important to examine your brand, and how it is being used in your practice. Remember, your brand is... [ Continue Reading ]
Topics: Featured 3 ,Sales and Marketing ,Marketing Monday
No comments found, be the first to post a comment.
Review Your Practice’s 2016 Financial Performance
Jan 20, 2017 by Andrew Clark
It is January 20th and most veterinary businesses have their year-end 2016 financial statements out by now. As soon as your financials are available, take some time to review... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
No comments found, be the first to post a comment.
Management structure affects customer service
Jan 19, 2017 by Edward L. Blach, DVM, MS, MBA
Practice ownership brings with it requirements to make some management decisions. And those decisions will determine how customers are served, but management will vary according to various ownership structures. ... [ Continue Reading ]
Topics: Featured 3 ,Provide Exemplary Care ,Service Thursday
No comments found, be the first to post a comment.
Consolidation: its impact and opportunities
Jan 19, 2017 by Edward L. Blach, DVM, MS, MBA
There has been a lot of discussion about the impact of consolidation upon the future of veterinary medicine. The discussion has been very mixed in that some practice owners... [ Continue Reading ]
Topics: Featured 3 ,Optimize Inventory and Suppliers ,Supplier Wednesday
No comments found, be the first to post a comment.
Five steps to an exemplary team
Jan 17, 2017 by Edward L. Blach, DVM, MS, MBA
Healthy practices have invested in building effective teams. Building an effective team can be done by focusing on 5 basic principles. They include: Define your objectives. Decide what... [ Continue Reading ]
Topics: Featured 3 ,Build and Lead Your Team ,Team Tuesday
No comments found, be the first to post a comment.
Branding can transform commodities into premium products and services
Jan 16, 2017 by Edward L. Blach, DVM, MS, MBA
Branding and marketing, when done well, can be very powerful. It has the power to transform commodities into premium products and services. Veterinary medicine in many situations is... [ Continue Reading ]
Topics: Featured 3 ,Sales and Marketing ,Marketing Monday
No comments found, be the first to post a comment.
Discounts and low fees are costly to your practice
Jan 13, 2017 by Edward L. Blach, DVM, MS, MBA
There are few activities in managing your practice that will make you more money than adjusting fees. Every transaction involves your fees. If your fees are set at... [ Continue Reading ]
Topics: Featured 3 ,Finance ,Financial Friday
No comments found, be the first to post a comment.
Use technology to improve efficiencies and service
Jan 12, 2017 by Edward L. Blach, DVM, MS, MBA
Customer service is of utmost importance in veterinary practice. In today's business environment, it is important to look at other service businesses to identify ways to provide an... [ Continue Reading ]
Topics: Featured 3 ,Provide Exemplary Care ,Service Thursday
No comments found, be the first to post a comment.
Recent Comments
“That last comment about meekness is from Jon Skinner, not...”
“This is true and I would add to that a...”
“ I believe this is a great idea and I...”