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
3 Reasons to Love the VMG/AAHA Chart of Accounts
At VetBooks, we believe that accurate financials are key to business success, and few tools are as valuable in achieving them as the VMG/AAHA Chart of Accounts (CoA). This standardized financial framework provides veterinary practice owners with clarity, despite its…
5 Things To Know About Veterinary Inventory Management
In most veterinary practices, inventory is the second-largest expense after payroll. But unlike labor costs it’s often overlooked as an area of strategic opportunity. To clarify why inventory matters for veterinary businesses and what you need to know to run…
Know Before You Grow: The Power of the Veterinary Practice Balance Sheet
Most veterinary practice managers and leaders are familiar with the profit and loss (P&L) statement. Understanding the flow of money in and out is critical to day-to-day operations. The veterinary practice balance sheet is equally important, but many leaders overlook…
Why Independent Veterinary Practices Are Poised for a Comeback
At VetBooks, we’re all-in on supporting independent veterinary practices—and now, the case for their success just got even stronger. Martin Traub-Werner, CEO of VetBooks, is a co-author of a new peer-reviewed article published in Frontiers in Veterinary Science: Making the…
Older Posts
By: Martin Traub-Werner For many veterinary professionals, patient care takes precedence over numbers and practice profitability. But conversations around care…
Guest blog by Sarah Radford, Director of Business Development at Benchmark Payment Systems Understanding your effective rate for credit card…
Your veterinary practice’s success hinges on sound financial management—something often easier said than done. Tight margins, multiple revenue streams, and…
As a veterinary practice owner, you may wonder if you are making the right financial business decisions. You may also…
Veterinary medicine has shifted dramatically over the past five years. Although consolidators own around a quarter of veterinary practices, consolidated…
Independent veterinary practice ownership is often considered an elusive goal, an impossible pipe dream for veterinarians working in an increasingly…