Free Webinar
Eleven Money Fails Practice Owners Repeat
About The Webinar
Financial mistakes are avoidable with the right preparation.
Practice ownership can be both exhausting and rewarding. Most who start or purchase a practice have limited experience running a business and managing a team. Oftentimes the owner is working extensive hours, stressed about finances, and reacting to the perceived demands of the business and their personal lives. Since there is no “playbook” on how to start, run, and eventually sell a veterinary hospital there are decisions that must be made by relying on Google or professionals that they believe have their best interests. The owner might be constantly stressed out, anxious, and uncertain about what they should or should not be doing within their veterinary hospital. This relates to leaving way too much money in their business, mismanaging the cash inside the business for personal wealth building, knowing how to reinvest back into the practice to increase profits, offering effective team benefits to engage and motivate, and attempting to take on responsibilities that are not their strengths such as managing their own bookkeeping.
Sometimes these things can be ignored or neglected for years, and a select few owners will be perfectly fine to maintain their lifestyle after the future sale. Those who wait too long to create a plan will likely have to work longer or reduce their expectations later.
If you want to learn how to get ahead and gain more control over your future success, sign up now to learn about the eleven money fails that most practice owners repeat so you can avoid and stop doing them today.
Dr Dave Nicol
Presenter
Tom Seeko
Presenter
CJ Burnett
Presenter