Articles by Gerald Snyder, VMD - Veterinary Economics
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Articles by Gerald Snyder, VMD

The state of your practice is in jeopardy

Poor location choices and state-to-state demographic shifts are changing the rules of the game.
Mar 1, 2010

There is little doubt that we, as a profession, are suffering the multiple effects of not-enough-self-­interest.

Dispelling the three greatest practice management lies

Client service remains your most important survival skill
Feb 1, 2010

We all probably know the colorful humor that starts out with "What are the three greatest lies ever told?" To me they relate to the current misconceptions about the future of our profession.

What pushes your veterinary practice value down?

Practice owners: Don't run from today's financial realities
Jan 1, 2010

Evaluate your animal hospital's staffing, equipment, inventory and more

Do you know how much your practice is worth?

Profitability is key to determining its true value
Dec 1, 2009

Profitability is key to determining its true value

Take the tough steps needed to work, live with less

Nov 1, 2009

The watchword in this recession is less. Clients spend less, and our bottom line takes a nosedive. We clearly need to provide for ourselves and our staff by lowering expenses.

The veterinary practice manager's role increases during hard times

Oct 1, 2009

Every practice, whatever its size, needs a strong, reliable manager to oversee associates and staff. Once trained, he or she should have a relatively free hand to deal with all management problems as they arise.

The 5-to-7 ratio

Obeying this economic equation is crucial to your practice's survival
Sep 1, 2009

Violate the 5-to-7 ratio at your risk. That is the ratio between a veterinary practice's gross revenue and the cost of paraprofessional staff. Anything outside that ratio is bad for the practice.

Surviving in today's economic jungle

Choice of location, monitoring average client transactions are key
Aug 1, 2009

There's nothing unethical about trying to increase average client transactions.

Are you giving your best to your best clients?

They are the ones who can best ensure your practice remains viable
Jul 1, 2009

Tough talk is the basis of my column. And it's especially needed as our struggling economy flops around like a newly caught fish in the bottom of your boat.

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