Cost control strategies for veterinary practices and their hospital teams - Veterinary Economics
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  • How the recession is affecting veterinary practice owners


    Practitioners in Michigan say their troubles are just the beginning of what the profession will see.

    Self-financing may be your best option


    A surprising number of principals in veterinary practices depend on themselves for their financing needs. With conventional financing increasingly more difficult to obtain, it's now the No. 1 form of financing used by small business owners. It's quick, doesn't require a lot of paper work and often is less expensive than conventional financing.

    Tackling turnover


    Lakewood, Colo. — Associate veterinarians are jumping jobs faster than the average American worker, according to a new study, and salaries that don't keep pace with inflation could be partly to blame.

    Calculating the annual cost of labor


    A wake-up call might be in order when we study the profit-and-loss ledger for the year. What might look like a 25 percent labor cost is really 33 percent. A huge difference.

    The color of aggravation? Yellow


    I'm no longer feeling mellow about the Yellow Pages after its colossal mistake.

    The R word: Recession


    With a possible recession looming, a wave of financially struggling clients may be cresting at your door. Are you ready?

    Know what you can — and can't — write off as a home-office expense


    A DVM must know all components of the deduction, and how much was spent for each.

    Examine costs, stick to budget to ensure fiscal heatlh


    It's good to know the true 'cost' of money, and what every aspect of every service is costing you.

    State mandates push employee health coverage


    The IRS allows small businesses to reimburse employees for medical expenses.

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