Blog
Check out our recent blogs below or browse by category on the right.
Mental Health Challenges in the Practice: How to Identify and Combat Them
In February 2015, the U.S. Centers for Disease Control and Prevention (CDC) released survey results focused on responses given by more than 10,000 practicing veterinarians, most of whom were in small animal practice (69%). The results are worrying. 8% of males in the...
Managing a Heavier Workload, Post-Layoffs: Surviving-and Even Thriving
A traditional promotion tends to happen in one of a couple of different ways: A workplace posts a job opening that lists a job title and its associated responsibilities, the skills needed, the pay and so forth; people apply and someone is awarded the job – and then...
Ouch! Independent Contractor or Employee ©
Independent contractors (“ICs”) contract to perform services for others but don't have the legal status of employees. Are ICs right for your veterinary practice? I. SOME ADVANTAGES PERHAPS A. Saves Practice Owner Money? With ICs, the veterinary practice avoids the...
Negotiating a Commercial Lease
If you need to sign a lease for your veterinary practice’s location, here are a few tips to help you to successfully negotiate a commercial lease. Examine the Premises Carefully This includes the HVAC, plus electrical and plumbing systems, although even careful due...
Mysteries of Fair Compensation©
It would be so simple if practice owners could open a fortune cookie for each one of their employees and find the method by which to fairly compensate them. While there are commonly accepted methods of compensation, their implementation in veterinary practices varies...
Planning a Stress-Free Road to Retirement©
Succession planning. Two words when placed together make your heart race in light of the decades spent building this hospital from the ground. Who am I going to sell to? How am I going to sell? What do I value my practice at? When is a good time to sell? These...
Workplace Bullying©
According to Bullying and Aggression in the Veterinary Profession, workplace bullying is common in medical fields, which includes veterinary practices. The author defines bulling as “any type of repetitive verbal or physical abuse that involves some type of power...
Benefits of Sharing Profits with Employees
So, you’ve set up a sustainable veterinary practice. You have a solid staff, vendors, a well-equipped space, and clients that are trickling in. Now, what? How do you grow the stream of clients? How do you keep the ones you have coming back? We’ve already seen that...
Successful Negotiations: Strategies for Salary, Benefits and More
When you’re offered a job at a veterinary practice, it’s important to get as much information as possible about the specifics. You’ll typically be offered a certain wage, often along with benefits such as health insurance, retirement benefits, vacation time and the...
Grace Under Pressure – Nine Tips for Sanity
By: Judy Gray Judy Gray is the President/CEO of CEO on Call in Tallahassee. Contact her at CEOonCall@comcast.net or by calling 850-322-3802. It’s the real test of character, how we react when we’re tired and stressed. How we treat others, how we treat ourselves. We...
Why Is Your Practice Worth More Than Mine?
Summit Veterinary Advisors 10354 W. Chatfield Avenue, Ste 103 Littleton, CO 80127 303-980-4000 https://summitveterinaryadvisors.com “There is no such thing as absolute value in this world. You can only estimate what a thing is worth to you” Charles Dudley Warner...
Best Practices to Manage Common Risks in Your Practice
Risk mitigation is the process of embracing actions that increase opportunities for your practice, while reducing potential threats. To mitigate, you first need to become aware of risks that pose a threat, then evaluate their potential for harm, and then put policies...
