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
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…
Accrual vs. Cash Accounting
Veterinary practice finances are more complex than many practice owners and leaders realize, but they can be tracked in more ways than one. Most practices use cash-based accounting, which is simple and approachable, but may be holding you back. Our…
Employee Taxable Benefits and Their Effects on Payroll Taxes
Veterinary employees work in a physically and emotionally exhausting environment. As end-of-year and the holidays approach, the chaos often worsens. Most practices host holiday parties and offer team members gifts to combat chronic overwhelm by showing appreciation. Gifts seem like…
Year-End Checklist
You may feel that 2024 has only just begun, but year-end is sneaking up quickly. Veterinary practices should focus on their financial health not only in December but also throughout the year to facilitate a smooth, painless year-end process. Veterinary…
Older Posts
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…
When veterinary practice owners establish their business, they must choose an appropriate business structure. For most privately owned veterinary practices,…
Running a veterinary hospital is no easy feat. This business is complex, and most practice owners and managers come from…