
|Articles|November 9, 2015
Team training tool: Financial worksheet for understanding practice expenses and revenue (Sponsored by Nationwide)
Use this tool to help all of your team members understand your practices expenses and work to improve revenue.
Advertisement
Advertisement
For every dollar that comes into your practice, about 10 cents is left over after your practice pays all normal and necessary expenses. That 10 cents pays for everything else-new equipment, hiring of more team members, raises, upgrades to the building, and more. There are two ways to improve profit: increase revenue and reduce expenses.
Advertisement
Latest CME
Advertisement
Advertisement
Trending on dvm360
1
Creatine for veterinary professionals (Part 1): What it is, how it works, and why you should care
2
FDA launches pilot to boost US manufacturing of animal drugs
3
To titer or not to titer
4
A veterinarian's guide to New World screwworm cases, treatment, reporting, response in the US & more
5









