Finance
Go to war for your online pharmacy
Don't die on the hill for your dwindling in-house pharmacy. See whether this doctor's story could help win your veterinary practice a victory in the coming years.
10 changes in Trumps new tax plan: Whos happy and whos not?
There will be some happy purrs and angry barks in the veterinary world if these tax law changes take place.
Your Small Business is the 'Cornerstone of the US Economy'
Successful small businesses are the true backbone of the American economy and this hard-working group includes the majority of practicing veterinarians.
Financial Advice From Warren Buffett's Shareholder Letters
Warren Buffett’s annual letters to shareholders offer a treasure trove of personal finance and investment knowledge for veterinarians hoping to start or amp up their investment portfolios.
Under one roof: When specialist and generalist share space
Creating a working partnership with a generalist can open the door to a career path you may not have considered.
Commentary: Life, as chronicled by cash
Personal spending reveals much more than the things we purchase.
Reducing the Health Impact of Financial Stress
You can’t ignore your finances completely, but you can decrease the control they have over you.
5 Habits of Savvy Credit Card Users
Astute credit card users will reap the most benefits from their credit card companies. What habits do these effective credit card users possess?
When Marriage Ends, Consider Your Options
Divorce is painful enough without the animosity that divorce lawyers often bring to the table. Mediation and collaborative law are viable alternatives that may lessen the pain both mentally and financially.
Control your veterinary construction project budget
Our architect says keep your eye on the prize and wind up with what you want.
Veterinary Practice, Prestige and Profits
Call it what you want — prestige, respect, stature — having a good reputation can play a big part in building and running a successful veterinary practice.
4 tips to manage parasiticide inventory
Oh no! The "brrrrr" is here! Is winter keeping veterinary clients away? Use your down time as a practice manager or practice owner for something not so fun but super useful: improving your drug inventory processes.
Maximize tax savings when constructing a new clinic
Building a new veterinary facility is pricey. Veterinary Economics Hospital Design Conference speaker Gary Glassman explains how a cost segregation study can lighten the financial load.
Banfield to provide debt relief for veterinarians
National veterinary pratice announces program to help ease financial strain for its more than 3,500 doctors.
Q&A with millennial practice owners
Their student debt is frightening. The generation's urge to own is lightening. Find out from two young veterinary practice owners why they did it, how they did it, and what their advice is for their generational cohort.
What Makes a 'Financially Efficient' Practice?
Revealing insights from a practice management consultant — and Veterinarian’s Money Digest® Editorial Advisory Board member — who has been in the business for 45 years.
The cost of a seat: State funding, vet school tuition and easy assumptions
Its easy to presume that veterinary colleges receiving lots of public support can charge lower tuitionbut is it true? The AVMA Econ team decided to find out.
Practice Financing With a Credit Card
Many people immediately think about loans when they need to make large purchases. Here are a few reasons why a credit card might be the better financing tool for your business — and how to choose and use your new card.
What Do You (and They) Earn?
Not everyone is curious about how their salary compares with the salaries of people in other professions. But if you are, then read on.
The Recipe for Becoming Ultra-Rich
A record number of American households achieved millionaire status last year. Here are some tips for joining the club.
Want to see more insured pets? Try this expert tip
Making insurance a team member benefit turns your veterinary employees into passionate advocatesand boosts your practices bottom line.
Why the lab is your goldmine
Cost-cutting is not where the gold in your team's success lies. Look to diagnostics for the biggest boost in revenue AND patient health.
Debating an equipment purchase? Consider taxesand the big picture
Depreciation on a new unit for your veterinary practice can improve your tax picture. But if it doesnt generate ROI, its simply not worth it.
The Key: Veterinary Practices Need a Monthly Budget
Mike Dicks, PhD, director of veterinary economics for the American Veterinary Medical Association, talks about some of the pain points of veterinary practice owners when it comes to finances.
How to Become a Millionaire
You may be surprised to learn that certain habits and lifestyle choices can contribute to significant wealth over time.
Free Practice Account Tool Benefits Veterinarians
Traditionally, the accounting methods of individual veterinary practices are as diverse as the practices themselves. But times are changing — and for the better.
Are You at Risk for Identity Theft, Fraud? Depends on Where You Live
Consumers today are more vulnerable than ever to being exposed to identity theft and fraud. But it turns out that your risk for being hacked has a lot to do with where you live.
Are You Living Paycheck to Paycheck? You're Not Alone
Even as today’s veterinarians earn a decent annual salary, many feel like they’ll never get ahead.
'Why I bought this digital radiography system ... '
Think through that next big DR purchase with a veterinary practice owner and a practice manager who share what they wanted in their new DR system and brand-new dental DR sensor.
What Is Your Practice Worth?
The key is to remember that a veterinary practice is only worth as much as someone is willing to pay for it, and what it’s worth to one person could well be different than what it’s worth to someone else.