Are you new to the practice management side of veterinary medicine, or have you recently been challenged to take your practice to the next level financially? Are you looking to maximize the value of your practice so you can sell it in the near future? We know practice finances aren't the most enjoyable part of your day, but the reality is they are one of the most important aspects of it. Easy to understand and full of examples, Financial Management of the Veterinary Practice is an all-in-one resource that provides foundational information to veterinary professionals. Learn how to establish sound operational processes, make informed decisions, and obtain financial stability with features like:
Financial statement explanations and examples
Key indicators to watch
Measures of productivity
Ratios and benchmarking tools
Cash management and internal control tools
Budgeting and financial planning resources
Supplemental financial reports
Tables and charts to illustrate the learning concepts
A glossary of terms
Incorporating the principles and recommendations offered in this book into the operation of your business will give your practice the greatest opportunity for success in a highly competitive environment.