
Should You Benchmark Against Yourself or Others?
As a veterinary practice owner, you may wonder if you are making the right financial business decisions. You may also wonder how you compare with your competitors. Financial benchmarking can provide the hard numbers you want to make sense of hospital performance, but those figures may be less valuable than you think.
The VetBooks team encourages veterinary hospitals to view benchmarks as only one aspect of a larger financial goal-setting and planning strategy. Here’s how to get the most out of benchmarking in veterinary practice.