Stuff We're Thinking About
Welcome to the VetBooks Blog, where financial savvy meets veterinary expertise. Whether you’re a seasoned practice owner or just starting out, our blog is packed with actionable insights and practical tips to help you navigate the complexities of running a successful veterinary practice. Explore topics ranging from budgeting and financial planning to practice growth strategies and industry trends. With our expert guidance, you’ll gain the knowledge and confidence to take your practice to new heights.
Recent Posts
Proudly Independent: Why the Conditions are Right for a Renaissance of Independent Veterinary Practice Ownership
Veterinary medicine has shifted dramatically over the past five years. Although consolidators own around a quarter of veterinary practices, consolidated practices represent almost half of the industry’s revenues. But, thanks to recent changes in market conditions, technological advances, and industry…
Why Independent Practices Are Important
Independent veterinary practice ownership is often considered an elusive goal, an impossible pipe dream for veterinarians working in an increasingly corporate world. However, the dream of practice ownership is more attainable now than in recent years, owing to the perfect…
Reflections on VMX 2025: Connections, Innovation, and Industry Trends
VMX 2025 was one for the books, with a record-breaking 30,000 people in attendance. While there, I met with several current and prospective clients one-on-one. These individuals trust us with their financials, and it was truly special to see them…
How to File a Cash Tax Return Based on Accrual Books
Veterinary professionals excel at providing medical care to pets, but understanding and caring about finances is equally important for a successful practice. In our previous blog post, we talked about bookkeeping methods, expressing our appreciation for the accrual system. In…
Older Posts
Accrual vs. Cash Accounting
Veterinary practice finances are more complex than many practice owners and leaders realize, but they can be tracked in more…
Veterinary employees work in a physically and emotionally exhausting environment. As end-of-year and the holidays approach, the chaos often worsens.…
Year-End Checklist
You may feel that 2024 has only just begun, but year-end is sneaking up quickly. Veterinary practices should focus on…
When was the last time you wrote a paper check? Financial transactions have evolved significantly in the digital age, revealing…
Cash management is critical to running a successful veterinary practice, ensuring financial transparency, and preventing theft or fraud. VetBooks clients…
Open-book management is not a new concept, but one that some leaders may be hesitant to adopt. The idea behind…