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Top 3 Myths told to aspiring practice owners
In our extensive travels to trade shows and through interactions with veterinary professionals, my team and I encounter numerous myths targeted at associate veterinarians eager to own a practice.
What advisors bring to your veterinary hospital sale
Our Founder, Bill Murray, had an article published in DVM 360 recently that discussed the advantages of using a sell-side advisor when a veterinarian is considering selling their hospital.
How can the FTC ruling on noncompetes impact vet med?
In a landmark decision last April, the Federal Trade Commission (FTC) announced a proposal to ban noncompete clauses in employment contracts across the United States.
Understanding COGS in a Veterinary Hospital
In any veterinary hospital, maintaining a healthy profit margin depends on controlling operational expenses, including the often-overlooked cost of goods sold (COGS). Understanding and managing COGS is crucial for long-term financial health as it directly impacts profitability.