Dr. Karen Felsted says many owners aren't aware their practices are undervalued until it's too late.
In this seven-part video series, Dr. Karen Felsted discusses why practice profitability is so important, how you can calculate it, and what you can do to increase your profitability level. In Chapter 1, you’ll learn:
• What is practice profitability?
• Why is it such a big deal?
• What does it mean to be a No-Lo Practice?
Speaker: Karen E. Felsted, CPA, MS, DVM, CVPM, the CEO of the National Commission on Veterinary Economic Issues
Want to test your knowledge? Take the dvm360 BizQuiz: Do you know enough about your practice's profitability and value?
The full series
Chapter 1: Is your practice as profitable as you think?
Chapter 2: What is the buyer buying?
Chapter 3: How can I determine my practice’s true profitability?
Chapter 4: What common items must be adjusted?
Chapter 5: What’s a good level of profitability?
Chapter 6: What resources can help me calculate profitability?
Chapter 7: Think you might have a No-Lo Practice?
BizQuiz: Do you know enough about your practice's profitability and value?