We asked Terry O’Neil, CPA, CVA and partner-in-charge of Katz, Sapper & Miller’s Veterinary Services Group about the lessons he’s learned from analyzing the financial data of over 600 veterinary hospitals, practice valuation, buying and selling veterinary practices, and contingency plans in times of crisis. What are the key lessons Terry has learned from analyzing the financial data of over 600 veterinary hospitals? What trends in veterinary medicine will continue into the future? How can practice owners optimize their financial documents when selling their practice? Advice for practice owners hesitant to sell to a corporation instead of an individual Advice for veterinarians looking to buy a practice Key Performance Indicators and how to look at them Tips to avoid missed charges Is it possible to suspect embezzlement simply by looking at financial statements? What are some “what if” scenarios a practice might need to develop a contingency plan for?
Ways to connect with Terry: https://www.linkedin.com/in/terenceoneilcpacva/ (https://www.linkedin.com/in/terenceoneilcpacva/) Email: toneil@ksmcpa.com
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Thank you to our Partners: CareCredit: https://www.carecredit.com/vetmed/ (https://www.carecredit.com/vetmed/) TeleVet: https://televet.com/ (https://televet.com/) Royal Canin: https://www.royalcanin.com/ (https://www.royalcanin.com/) Galaxy Vets: https://galaxyvets.com/ (https://galaxyvets.com/) Eckard Enterprises: https://eckardenterprises.com/ (https://eckardenterprises.com/) Securos Surgical: https://www.securos.com/ (https://www.securos.com/)