Top practice owners know you should run your practice like you might have to sell it – even if you never intend to. Focusing on the key numbers that drive practice valuation is also the key to having a thriving practice that can sustain through any ups and downs in the economy (and even through a pandemic!). Terry O’Neil will share the key metrics that top practice owners follow closely in order to maximize their profitability, improve their own lifestyle, and set themselves up for success no matter what the future may bring.
Brought to you by GeniusVets.
Learning Objectives:
The 4 key numbers that determine a practice’s financial health, and how these impact valuation and exit strategy as well as ongoing practice management
How top practice owners use this information to drive profitability and practice value
Advice on where to focus (4 key numbers as opposed to a slew of less critical data)
Greater understanding of their practice’s finances, and confidence in controlling them in a positive way to improve their business