Practice Management

Q. I'm opening a veterinary practice with grooming services. The groomer wants to lease a room monthly, but I'm not sure how much to charge for rent. Do I charge base rent plus a percentage of her production?

Click here for the Department of Labor Fair Standards Act fact sheet on exempt positions.

Q. 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?

Here are three ways we recognize our team members' efforts at Michigan Veterinary Specialists

If 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.

Finally, during the second round, the leg popped out. I started celebrating like I'd just won a gold medal.

Hurricanes. Embezzlers. Lawsuits. If you put the proper safeguards in place, you can stay out of trouble.

Things to think about when dealing with contract and health certificates.

New study finds that your attitude for the day is determined largely by what happens before you get to work.

This hospital in Panama City Beach, Fla., finds one home for all its services.

I've had quite a few mishaps with my cell phone. I wasn't worried this last time, though, because I'd opted for the "backup assistant" service provided by my wireless carrier. At least my contact list would be safe-so I thought.

Progressive practitioners from around the country who have implemented an integrated system into their practices discuss how it has helped ensure the best healtcare possible for patients, made their practices run more efficiently, and increaed revenue.

To invest our hard-earned dollars, many of us purchase securities in the stock market. It is purely legalized gambling. We are betting that, at some future date, we can sell that stock for a profit.

"What frustrates you most about your job?"

Shadyside, Pa. - Believed to be the first in this region, a veterinary practice has gone green.

Everyone loves getting their piece of the pie, especially when it leads to an even bigger reward.

Your "construction allowance" is considered taxable income unless you follow these rules.

Complacency can kill relationships, skills, marriages, businesses, teams, countries and empires.

You show consistency as a boss and respect for your top employees when you terminate someone who needs to go.

Q. How do I implement a paid time off policy at my practice?

Be careful firing bad apples who may fight back.

June 2007 BPA Statement for DVM Newsmagazine

June 2007 BPA Statement for Veterinary Economics

List of Tax Strategies stories in January through December of Veterinary Economics.

List of Personal Growth stories in January through December of Veterinary Economics.

List of Practice Management Q&A stories in January through December of Veterinary Economics.

List of Practice Finances stories in January through December of Veterinary Economics.

List of Life Balance stories in January through December of Veterinary Economics.

List of Client Relations stories in January through December of Veterinary Economics.

List of Industry Issues stories in January through December of Veterinary Economics.