BizQuiz: What's your practice ownership IQ? (answer 3B)

3) B-You're thinking like an employee-and an owner.

As the saying goes, “You must spend money to make money.” By buying into a practice, you're putting your money into a long-term business that can really pay off. But buyer beware. A veterinary practice isn't successful, just because it exists. You must tend to the business side of the practice to ensure your investment grows, rather than shrinks.

Click here to return to the quiz.