Finance
Your winter run: Making the most of the slow season
Make the most of downtime with a well-earned vacation, wellness appointments, and practice housekeeping.
Our industry's drug problem
Should we send clients to get drugs elsewhere, or do we keep our profitable, well-monitored pharmacies busy?
Focused on lasers
Almost all clients opt for the additional surgery cost for the laser.
Sizing up your equine veterinary practice
Why are so many equine practitioners having trouble selling their practices? Don't let it be you.
Employee compensation: Balancing cost and investment
It's no secret that staff salaries are the biggest expense at most practices. At the same time, your team is your most valuable asset. How do you balance these two realities?
Reinvent and renew your practice
The story of a practice makeover that's been years in the making. It's inspirational and humorous because of the owner's positive outlook, along with his love and respect for his profession, his team, his patients, and his clients.
'Tis the time to buy equipment
If you've been thinking about making a capital equipment purchase, consider doing it before the end of the year to receive the tax benefits next year.
Lab work for the elderly
Regular diagnostic testing for senior dogs and cats is plenty profitable, says Dr. Thomas Burns, owner of Veterinary Associates of Cape Cod in South Yarmouth, Mass.
Negotiate a line of credit before terms get tougher
With business loans becoming harder to obtain, many DVMs are turning to community banks.
What are you worth?
Most veterinary medical graduates care more about the chance to diagnose and treat patients than the size of their paycheck. Still, salaries matter, especially when today's former students are saddled with an educational debt load of $100,000 or more.
Fatten up your revenue
Team retention, good medical recommendations, and consistency will help your practice to beef up income.
Semen on ice
The world's weirdest ice-skating extravaganza? No. It's canine reproductive work, a profit center for Dr. Patrick Grogan at VCA Woodland East Animal Hospital in Tulsa, Okla.
The new generation of low-value practices
Owners, make sure buyers purchase your practices at a good price.
Slideshow: A dog's day at the photo studio
View pictures of Dakota, a German shorthaired pointer who was our October cover dog, during her long-suffering modeling debut.
Fluid pumps it up
"We couldn't practice medicine properly without fluid pumps," says Dr. Robert Esplin, owner of Sylvania Veterinary Hospital in Sylvania, Ohio.
Promoting twice-yearly wellness exams
This preventive care program increases client bonding and extends pets' lives.
Comparing your fees to Well-Managed Practices'
Compare your value-based fees with Well-Managed Practices'.
Don't believe everything you hear about fees
It's time to reconsider these myths and misconceptions about pricing.
Use seniors to make calls
Dr. Steve Bishop needed a strategy for reminding his clients when their pets were overdue for exams or treatments. It freed up receptionists, cost less, and could be done with flexible hours.
Reactivate your inactive clients
Renew those old relationships with a well-crafted letter to inactive clients.
How a practice's 'good will' is valued and taxed
Good will is one of those intangible business assets that usually has little or no impact on a veterinary practice's tax bill - until least expected.
Checklist for a buy-sell agreement
A printable PDF of the answers you need before buying into or selling a part of a veterinary practice.
Does practice ownership pay?
How to create an Excel spreadsheet that helps you figure the value of owning a clinic.
The healing environment
See how Well-Managed Practices turn their core values into financial success.
Do your pharmacy fees need an overhaul?
Brief message for the practice selling $1 cat toys: It costs well over $2 just to print out an invoice
Do you want me?
Help owners pick pets and tackle behavior problems early with profitable pre-adoption and soon-after-adoption counseling.
Don't get knocked out by a buy-in
These tips will help you duck common legal, financial, and communication oversights and keep you off the ropes during your transition to ownership.
The biggest loser
In this weight loss competition, being a big loser is a good thing.
The A's to your Q's
Got a burning question? You just might find the answer here.
Don't "estimate" your clients out of complying
No, it's not the fees you're charging. The words you're using are doing the damage.