Financial Boot Camp for the Veterinary Practice
This two day program covers a multitude of issues relating to financial
management, including:Financial Management - What to Look For and
What to Do About It: What are the key financial indicators you need to
monitor and how to control them. Controlling Your Inventory &
Support Staff Costs: The two expense areas you can control that will have
the most impact on your practice's bottom line - learn what to do to keep these
costs in line. Industry Benchmarks - What They Are and How to Use
Them: How does your practice compare to other practices in your area? Learn
how you can use this information to better manage your practice.
Analyzing Doctor Production and Compensating Your Associate Doctors
Using ProSal: Pay your associates in a manner that will motivate them to be
more productive, but relieve their fear of going on production based
compensation. How to Determine Your Client Fees Fairly and
Accurately: A fee setting formula that will help you to determine fees based
on your costs of doing business. Budgeting - Is it For You?:
Budgeting can be one of the most powerful tools to help you achieve
financial success. You will receive a budgeting program designed specifically
for the veterinary profession. The Role of an Accountant and How to
Use Financial Statements: What should you expect from your accountant and
how to use financial statements to help your practice achieve further financial
success. Internal Controls - Lost Income and How to Capture It:
Do you have a lot of "holes in your bucket"? The average practice loses
$64,050.00 per year per full time DVM! So, You Want to Buy a Laser
(or any large piece of equipment) - Is it Cost Effective?: Learn how to
analyze whether or not it is cost effective to make large equipment purchases.
Credit and Collection - Reduce Your Accounts Receivable:
Effective policies and protocols that will help you to reduce your Accounts
Receivable and become more effective at collections. Case Study - Let's
Put Our Collective Knowledge to Work!: An interactive group discussion using
case studies and developing effective strategies for resolution.
TUITION FEE: The seminar fee is $595 per person; Registration is
limited and advance registration is required. The fee includes all workbook
materials, seminar instruction, breakfast, lunch and dinner on Wednesday and
breakfast and lunch on Thursday. Please note that the registration fee does not
include lodging or parking expenses. Tuition fee is stated in US Dollars.
REGISTRATION CONFIRMATION: All registrants will receive a confirmation
and receipt within three business days of receipt of registration.
CANCELLATION POLICY: You may cancel your registration up to 14
business days before the seminar. Your registration fee will be refunded less a
$25.00 service charge. Cancellations 14 days or less before the event will
forfeit your tuition. You are responsible for your own lodging reservations.
HOTEL INFORMATION: Please contact the hotel directly for room
reservations. A limited number of rooms have been held on a first-come,
first-served basis for VMC participants for Tuesday and Wednesday nights.