Financial

Improving Cash on Hand in Your Business

by Mike Pownall, DVM, MBA
It is better for the business owner to have cash on hand than tied up in inventory or with clients.

So … How Much Is That Gonna Cost Me, Doc?

by Amy Grice, VMD, MBA
Charging appropriate fees is the foundation of profitability, but veterinarians commonly struggle with setting fees for the services they provide. Because veterinary education has traditionally been...

Euthanasia Survey Results

by Katie Navarra
This small survey provides some thoughts on euthanasia services.

Shopping at Trade Shows

by Nancy S. Loving DVM
Whether you've got plans to upgrade your veterinary practice, wish to minimize tax liability by making an equipment purchase to help with a one-time write-off (tax code Section 179) or you are...

The Cost of Becoming an Equine Veterinarian

by Amy Grice, VMD, MBA
Most equine veterinarians remember their first inkling that they wanted to be vets, and often it occurred very early in their lives. So early, in fact, that it almost seemed like a...

Breaking the Silence

by Amy Grice, VMD, MBA
In order to communicate effectively about disappointing outcomes, clinicians must understand the cause of the problem--and how the client feels and thinks about...

The ABCs of Business Resources: Attorney, Banker, CPA

by Kimberly S. Brown
Most veterinarians will work with an attorney, a banker and a certified public accountant (CPA) at some point in their professional careers. These people are often key business resources for a...

Don’t Just Name Your Price

by Winona Burgess, DVM, CPA, MBA
Pricing your services--from lameness exams to Coggins tests to major surgeries--is challenging no matter how you look at it. It’s hard to determine pricing that is fair, yet profitable...

Did You Hear The One About Ole Doc Smith?

by James Guenther, DVM, MBA, MHA, CVPM, AVA
Doc Smith has worked hard over the years. He has been a sole proprietor, had a partner, gone through one divorce, split from his business partner, and now has an associate who wants to...

Will You Create Tax Problems by Selling Your Practice?

by James Guenther, DVM, MBA, MHA, CVPM, AVA
I know from first-hand experience the trials and tribulations of transitioning out of your veterinary business. First, you learn how hard it is to make that decision to list your business when it is...

The Ultimate Scorecard: Annual Valuations

I am a veterinarian, business consultant, and a veterinary business owner. I see my veterinary business from all sides. I work there, I act as a business consultant to identify issues that...

A Simple Checklist To Determine if You Are On the Right Road to Retirement

Are you really prepared to transition from business ownership to doing something you always wanted to do? Will the sale of your business be your retirement or will it be the icing on the cake? The answer lies in the simple truth: Do you have a business or a job?

The Fairest of the Fair

by Carolyn Heinze
Money talks, and these days it's difficult to avoid a discussion about it. No matter the economic climate, however, developing a reasonable associate compensation model requires equine practices...

Savings and Retirement

by Katie Navarra
Think your finances are too strapped to set aside money for retirement? Consider this: Assume that on Jan. 1 of each year a $5,000 contribution is made to a retirement savings plan. If implemented at age 25 and continued to age 70, retirement savings would total $1,641,122.

Budgeting 101

by Emily Esterson
It may be business 101, but a majority of equine practitioners don’t have a budget for their business.

News List

EDCC Reports New EHV-1 Case at Fair Grounds Racetrack
On January 13, 2017, a new case of EHV-1 in Barn 45 at the Fair Grounds racetrack was moved to isolation... Read More
EDCC Reports Additional Strangles Premises in Florida
On January 14, one premise in Alachua County, Florida, was placed under quarantine for clinical signs consistent with strangles. The clinical horse was purchased from another farm also currently under strangles quarantine... Read More
EDCC Report on EHV-1 Fair Grounds, Louisiana, Outbreak Update
On Tuesday, January 10, 2017, two suspect horses that had previously tested negative for EHV-1 on both nasal and blood samples retested positive for EHV1 non-neuropathogenic strain at the Louisiana Animal Disease Diagnostic Lab... Read More
EDCC Reports Strangles in Union County, Florida
On January 13, one premise in Union County, Florida was placed under quarantine for strangles after PCR results returned positive for three of the 13 horses on the property. All three horses had recently performed at a roping event in Trenton, Florida... Read More

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Preparing Your Practice for 2017
Does your business need to expand or contract―or are you situated ‘just right’ in your plan? Read More
Prescription Management
You can provide better medical treatment for your clients and improve your business with prescription management options. Read More
Develop These Five Marketing Skills
Marketing: the activities that are involved in making people aware of a company’s products, making sure that the products are available to be bought, etc. (Merriam-Webster.com) Read More
Bricks and Sticks: Veterinary Hospital Construction
When building a clinic, make sure you understand the difference between traditional construction and prefab. Read More

Most Read

Veterinarians Get a Leg Up in the War Against Equine Dermatitis
EPD is not a specific diagnosis. It is a syndrome. A term--scratches, dew poisoning, greasy heel, mud fever, foot rot, cracked heels--to describe cutaneous lesions caused... Read More
EQUIOXX (firocoxib) Tablets Receive FDA Approval
For almost 10 years, EQUIOXX (firocoxib) has been the only coxib non-steroidal anti-inflammatory drug (NSAID) approved for use in horses. Now, this once-daily treatment to control joint pain and... Read More
Madigan Foal Squeeze Procedure for Neonatal Maladjustment Syndrome
Veterinary researchers at the University of California, Davis, are teaming up with their colleagues in human medicine to investigate a troubling disorder in newborn horses and are exploring possible... Read More
FDA Issues Warning Letters for Unapproved Omeprazole Drugs Marketed for Use in Horses
The U.S. Food and Drug Administration has issued nine warning letters to companies arketing unapproved animal drugs containing omeprazole. These products have not been reviewed by the FDA for safety... Read More