Business

Think you know where your personal finances stand? If you're married, your spouse likely sees family earnings and expenses differently.

Lack of respect for the facility can signal deficits in pride and care that hurt more than just the building if left unchecked.

I'm about to sell my practice. Is there any reason why I can't do the appraisal myself?

Imagine you receive a call about a horse experiencing a severe case of colic. You stabilize the horse and perform a physical examination, after which the horse exhibits signs of colic again.

Reminder cards are veterinarians' strongest tool to build repeat business and help their clients keep up-to-date on their pets' care.

In addition to arrhythmias, valvular insufficiency as detected by the auscultation of a murmur may result in signs of exercise intolerance.

I've played hockey for many years, often once or twice a week. One day it dawned on me I wasn't improving. Instead I was doing the same wrong things over and over--I was playing but not practicing. Finally, I took a skills class and was amazed at how much I didn't know.

At our practice, we have an inventory team that handles ordering and tracking of drugs, lab supplies, food, and so on. But we still struggle with inventory accuracy. Would establishing an incentive program for the inventory team help?

Don't know where to start? Here's what you need to know to communicate effectively with your insurance agent:

I have lost count of the number of occasions when I have written in this column that partnership in a veterinary practice is very similar to marriage. The analogy is one that potential partners must ignore at their peril. Nonetheless, joint ownership of a professional practice can be much like something else as well: a couple moving in together.

Young veterinarians seek and value mentoring in their schooling and in the early years of practice.

Think you're communicating--and selling--your services effectively? Here are some key points to consider to help you make powerful and persuasive recommendations to your clients

Clearly separating practice functions set the tone for VCA Arroyo Animal Hospital--and created a unique design feature. Then the design team added a superbly crafted 7,850 square-foot floor plan and thoughtfully chosen materials, securing the 2005 Veterinary Economics Hospital of the Year award.

In prior articles, I gave advice on creating and writing a strong, compelling vision for your life and work. But crafting the vision is just the first step. Next you must figure out how to make your vision a reality.

A potential buyer will want to know what it would cost to provide the same services you offer.

Coddling is a new buzzing issue in human resource management and with good reason.

Clearly separating practice functions set the tone for VCA Arroyo Animal Hospital--and created a unique design feature. Then the design team added a superbly crafted 7,850 square-foot floor plan and thoughtfully chosen materials, securing the 2005 Veterinary Economics Hospital of the Year award.

Welcome new associates to your practice with some functional fanfare that simultaneously introduces them to the public. Running an announcement ad in your local paper provides increased visibility for your practice and establishes the new associate as part of the community.

Not all tax deductions are created equal. When it comes to building projects, the normal write-off for building costs is 39 years. However, with a little homework and the help of a builder and architect, you can accelerate deductions. The concept at work: cost segregation.

Work better with goal planning.

Practice consultants work hard for their clients and are well aware of the investment a practice makes for their services. To do the best possible job for you, they need you to be prepared, complete documents as requested, and dedicate the necessary time to the improvement effort.

This goal planning form helps you think through the steps you'll take to achieve your objective and spot potential obstacles. (PDF)

Different people find different situations stressful, but some stressors transcend personal differences and affect a majority. Many such key job stresses are associated with these six categories:

Use these strategies to make sure tension never becomes toxic for you or your team.

Is it better to schedule performance reviews during regular office hours or after hours, when I know we won't be interrupted?

For years, veterinarians practiced reactively, primarily treating illnesses and administering vaccinations. Not anymore. According to the 2004 AAHA Pet Owner Survey, 94 percent of respondents take their pets to the veterinarian for regular checkups to ensure their quality of life. In fact, 58 percent of respondents visit their pet's doctor more often than they visit their physician.

Neel Veterinary Hospital in Oklahoma City, a paperless practice that purchased its first computer and electronic medical record system in 1993, prides itself on its commitment to using the latest technology. ?Adding computer radiography was a natural step in the evolution of our practice,? says co-owner Dr. Tina Neel.

What's the most pressing issue for small businesses that Congress and the President should address?

Effective delegation is undoubtedly the strongest productivity-improvement tool available. But here's a harsh reality check: Only 47 percent of staff members responding to a VetMedTeam survey indicated that their doctors delegate 80 percent to 100 percent of possible tasks.

My office manager suggested that we discount hard-to-collect, 90-day-past-due accounts as an incentive to encourage patients to pay at least something. We'd offer up to 25 percent off the bill, depending on how much the patient pays. We'd require the patient to adhere to a payment schedule until the debt's paid off. Is this a good solution or does it contribute to the problem?