Finance

Life can be very strange indeed. The Bureau of Labor Statistics proclaims veterinary medicine to be one of the fastest-growing fields. Yet, if you are a companion-animal practitioner in a mature practice, your transactions are likely down for each year of this decade.

In these challenging economic times, it is important that equine veterinarians­ be creative-not complacent-with respect to boosting their bottom lines. Just as a proactive, multimodal approach is often needed to treat certain­ diseases, the following is a nine-step treatment plan for what might be ailing your practice­.

This issues question: What is the toughest financial challenge you've ever faced in your career?

A new system to track the impact of the recession on veterinary practices reports a 5 percent growth rate this year.

Veterinary salaries are growing at a higher rate than inflation, according to a new AVMA report.

Consultants Gary Glassman and Mark Opperman explain why you should hold on to your pharmacy revenue-and how to win against Internet pharmacies.

California is looking for ways to make ends meet, including a proposed new veterinary service tax.

More than half emphasize their company's mission more than ever; 49 percent use mission statements to judge employees during layoffs.

Practical advice on keeping a hospital growing during a recession from Dr. Jeff Rothstein, a Detroit, Mich., practice owner.

Paying attention to demographics, finances, diagnostics yields benefits.

Dr. Jeff Rothstein, MBA, a Veterinary Economics advisory board member, shares some insights from the trenches in hard-hit Detroit.

A new study shows that in a tight job market, many people would.

Sprucing up your practice's exterior is easier and cheaper than you might think.

Carrying too much inventory can hurt your practice's bottom line.

Offering dental care is a great way to generate revenue in a tough economy.

Develop a game plan to meet your financial goals.

Though the economy is struggling, veterinary lending is alive and well.

Rather than waiting for depreciation, veterinarians can taka large deductions on equipment now.

There are a number of factors to consider when determining a discount factor for your practice value.

Gary Glassman, CPA, talks up the benefits of letting your practice software watch your inventory.

Clients need the products you offer to provide the care their pets need. And when it all works right, product sales benefit your bottom line, too.

A new report says that almost all women with children saw the weaker economy coming.

The economic downturn has had little effect so far on the buying and selling of veterinary practices.

Leverage your software to help you track compliance. Here's how.

Veterinary consultant Mark Opperman, CVPM, discusses the industry's outlook.

This checklist covers almost everything you'll need to make opening day a success.

Financial analysts report what they think about the proposed government rescue plan.

There is an old adage in the accounting industry: a good CPA should offer a shoulder to cry on, an arm to lean on, and a strong back to climb on.