No. 10: Create a budget If you’re like most, you just cringed a little when you read the word “budget.” As much as they’re disliked, budgets are a vital tool in your practice’s path to success. Your accounting software...
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When it comes to increasing the bottom line of your Profit and Loss (P&L) statement, you have options. You can take the approach of focusing on expense management, or you can focus on increasing revenue. Which do you choose?...
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First off, let’s be clear: Taking steps to increase your practice’s revenue will put money in your pocket a lot faster than cutting costs will. For a veterinary hospital, spending lots of energy on cutting costs is a futile...
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