Mr. Wood is a certified public accountant and a certified financial planner who consults with veterinarians and the veterinary industry.
An underestimated financial benefit exists for any practice that produces satisfied clients who have pets with well-controlled diseases that live longer lives.
As veterinary visits have dropped, pet owners' willingness or ability to spend money on medications has declined as well.
Moderator Dr. Fred Metzger and four other veterinary practice management experts met in early 2013 and discussed how to price and promote diagnostics for the betterment of pets nationwide.
Your existing clients represent a huge, untapped resource.
Personal financial planning is the process of organizing your financial goals into a workable plan so that you can live with financial security in the style you desire.
Gross income in a veterinary practice can be broadly classified into two categories: active income and passive income.
Internal controls are a system of checks and balances that help ensure clients pay for the goods and services they receive, and the practice's assets are safeguarded.
Congratulations! You are part of a very vibrant, healthy and fast growing industry.