BizQuiz: Where does the money go? (Answer 1b)

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Taking the BizQuiz? This is the answer to question 1 from "Where does the money go?"

1) B–Incorrect.

The largest expense for any practice is the payroll. This number should never be greater than 45 percent of practice revenue, or $450,000 for a practice that grosses $1 million a year.

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Gianluca Bini, DVM, MRCVS, DACVAA
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