If there’s one habit we consistently see that separates stable, healthy veterinary practices from stressed, reactive ones, it’s simple monthly financial reviews. Not a deep dive. Not a three-hour spreadsheet marathon. Just 30 minutes, focused once a month, to ‘inspect what you expect’. That small habit can completely change how confidently you run your practice. […]
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When veterinary professionals think about the “heart” of their practice, they might picture the treatment area or the doctors delivering lifesaving care. In reality, the true heart of a veterinary practice is found right at the front desk! First impressions start at the phone and the front door.Your front desk team is the first and […]
Read More… from The Front Desk: The True Heart of Your Veterinary Practice
My role as a Veterinary Advisor at Granite Peak Veterinary Advisors isn’t about sending you spreadsheets or reports that never get looked at (no offense to the tax team). It’s about practical, real-world support that helps your practice run smoother, improve profitability, and reduce stress, without judgment, pressure, or unrealistic expectations. I get that “advisory […]
Read More… from Finding Value in Veterinary Advisory Support: Here to Help. Never to Judge.
Reviewing your Profit and Loss (P&L) statement is crucial for making informed financial decisions for your business. The P&L summarizes revenues, costs, and expenses incurred during a specific period of time, typically monthly, quarterly, or yearly. When reviewing your P&L, you should examine revenue, cost of goods sold (COGS), payroll, facility expenses, and administrative expenses […]
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Because thriving practices don’t happen by accident; they’re built with intention. Between back-to-back appointments, late-night emergencies, inventory headaches, and the constant effort to provide a work/life balance for a high-performing team, veterinary practice owners are spinning more plates than ever. It’s no wonder that financial strategy often falls to the bottom of the priority list. […]
Read More… from Three Reasons Veterinarians Should Work with a Vet-Specific CPA Firm.
In an age where nearly every service or product is available for research, comparison, and review online, veterinary practices are facing a growing demand for transparency, especially when it comes to pricing. Pet parents today aren’t just looking for excellent care; they also want to feel informed and empowered. One of the most common requests […]
If you’ve ever felt like your practice is doing well but were still left wondering, “Are we actually doing okay?” you’re not alone. One of the most important numbers you can know as a veterinary practice owner isn’t your revenue, or even your profit margin; it’s your make-or-break number. So, what exactly is it? In […]
With the end of the year fast approaching, it’s a good idea to look ahead and think about when your tax returns will be due the following year. With the holiday season and the start of the new year, it can be very easy to lose track of time and have the tax deadlines come […]
As practice owners and managers, you face a million demands, making goal setting for 2025 both essential and challenging. Having grown a small practice from one DVM to a 12-DVM team, I learned that setting and achieving significant goals requires a careful balance of ambition and practicality. Here are a few tips to help you […]
On November 5, 2024, the United States elected Donald Trump to lead our country for the next four years. With the Republican party regaining control of the White House, they will look to extend the expiring tax reforms they implemented under the 2017 Tax Cuts and Jobs Act (TCJA). Here is an overview of some […]
Read More… from Tax Outlook after the 2024 Presidential Election