Your Practice's Monthly Health Checkup

/ Veterinary Bookkeeping Solutions/
Your Practice's Monthly Health Checkup

Your pets shouldn't go a year without a checkup and your practice shouldn't go a month without one either.  That means reviewing your financial statements every month!  Easier said then done when you have no idea how to analyze those sheets full of numbers.  So let's keep things simple shall we?  I've listed three or four numbers from each financial statement to keep a close eye each month.  Read on to make sure you're looking at the right numbers each month.

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The Financial Equivalent of Your Practice's Medical History

/ Veterinary Bookkeeping Solutions/
The Financial Equivalent of Your Practice's Medical History

When your practice starts displaying symptoms of a financial "malady", do you have the financial equivalent of its medical history to use as a resource for determining the cause of the problem and the best way to treat the problem?  Without it, you could make financial changes in an attempt to fix the problem that could actually cost you more money instead.  Today I'll be talking more about why having this type of financial history is important and how to go about establishing it. 

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