Finance

Tired of shelling out cash for name-brand soap every month? Make your own, and you could save hundreds of dollars each year.

This anesthetic agent can improve patient experience, boost client compliance.

National Report - While veterinary practices may not be as recession proof as previously believed, new studies say they still fare better than many other markets.

Don't compare yourself to the veterinary practice competition. You're better than that.

Here's how the three owners of practice are paid.

The Four Tier compensation formula accounts for partners' unique contributions to the practice.

Your veterinary clients have surprisingly little worth when it comes to selling your practice, but they're absolutely priceless on a personal level.

Learn how your practice manager can help to make your building dreams come true.

Before you build, learn about daylighting, clerestory windows, building orientation, and much more.

Many businesses continue to struggle, but the majority are still optimistic about the future.

This edition of the 5 will report on the continuing flap over flea and tick products and a man in search of the oldest living Rottweilers. We also receive advice from Denise Tumblin, CPA, and former AAHA president Dr. Michael Andrews.

Veterinary practices are back in the black after a long drought of poor year-over-year revenue numbers.

Telemedicine offers profit and high-quality care to clients and practitioners.

How to protect yourself from loons, goons, and other practice partners

Our practice produces a lot of waste. How can we create a manageable recycling program?

Assessing risk, segregating labor and reviewing financials are crucial to stopping embezzlement.

Forbes finds plenty to like about veterinarians, but also human-medicine doctors.

Being concerned about finances is different than worrying about them.

Dr. Laurie Hess worked for months to create a veterinary hospital tailored specifically for exotic animals. Here's a peek at the result.

New data shows a rough 2009 with rays of sunshine.

Look inside the construction of an exotics hospital from start to finish.

Management consultant Denise Tumblin, CPA, points out the importance of avoiding missed charges and provides actual case study examples with some surprising figures.

Choosing the correct structure for your veterinary practice is an important decision with consequences reaching far into the future. Selecting your practice structure is definitely not a "do it yourself" project. Substantial tax, legal and accounting expertise is required. Veterinarians nevertheless need to stay active in the process to ensure the experts' narrow technical proposals get folded into a coherent plan that reflects your needs and goals.

Competition between veterinarians and veterinary practices has never been more intense, nor have so many opportunities been available to become successful. That may seem like a paradox but many practices are becoming more successful in the face of more and more competition. More 2 person practices are able to reach the $1,500,000 level than ever before.

Veterinarians who are planning the sale of their practice often ask, "What is my client list worth?" When it comes to practice value, the short answer is nothing.

Co-ownership issues often arise when veterinary practitioners enter into a partnership with other owners, or when two or more associates jointly venture into practice acquisition. In most aspects co-ownership of a veterinary practice is akin to marriage, and it is vitally important to agree on the principal terms governing the relationship before getting hitched.

Buying or selling a veterinary practice generally is a long and arduous process. Preparation and a good lawyer are key to smoothing the bumps along the way.

The economic slump has caused many to realize they must focus less on gut feelings and more on measurement. Whether your hospital is doing well or has flat growth, you must measure your current and future status in order to effectively grow. Evidence-based management is the key to your success.