Practice Management
Creating a business plan (Sponsored by Intervet/Schering-Plough Animal Health)
March 1st 2008The reason business owners create a business plan is the same reason why horse owners keep up with annual exams. Giving a horse vaccinations ma reduce the risk of disease and death. As an equine entrepreneur, consider these five core areas when creating a business plan: teamwork, concept, customers, cash, and purchasing.
Atlanta: Practicing in the No. 1 hot spot
February 1st 2008Atlanta - If this southern metropolis keeps growing the way it has the last few years, "we'll soon be calling Chattanooga a suburb," says veterinarian Nicholas W. Petty, who has practiced in the Buckhead area near downtown Atlanta since 1976.
Spreading around the management duties
February 1st 2008Q. We employ a bookkeeper, a head technician, and an inventory manager who all share some of the management duties at my practice. I perform about four days' worth of management tasks a month. My partner and I are looking at a tiered approach to compensation-management will be compensated at 3 percent to 4 percent of gross. What goes into this figure?
Don't count on deducting life insurance costs
February 1st 2008If you practice with partners, your buy-sell agreement is an important way to develop a plan to purchase an owner's interest under a variety of circumstances and to protect your own interest in those same circumstances-one of which is the death of a partner.