Publisher's Synopsis
"This financial management tool is intended to provide a broad basis for understanding the business side of veterinary medicine. While animal care is central to every veterinary practice, that care requires adequate medical equipment, pharmaceuticals, laboratory testing, highly skilled doctors, and personnel available and ready to treat the animal. Those assets of equipment, medications, and staff can be present only when the business is financially healthy enough to support them. This book includes chapters on understanding the most common financial statements because they reflect critical business activities. By better understanding the financial numbers and how to manage them, practice leaders can achieve business goals and ensure practice longevity. Financial performance, from growing the practice revenue to managing expenses, determines profitability. While few veterinarians entered the profession with the sole intention of making