Using a veterinary balanced scorecard system provides an overview of the organization beyond the business’s financial aspects. Let’s explore the fundamentals of a balanced scorecard and why it is vital to your consolidation operation.
You and your team may need to go through and overcome what is known as the five "dysfunctions." We want to look at the ownership change process through the lens of the book Five Dysfunctions of the Team, written by Patrick Lencioni, and prepare you for what you may face during and right after the acquisition from the team perspective.
In the veterinary space, selling a practice is a process that requires planning ahead. Ideally, your exit strategy should be ready before you open the practice as it may influence many business development decisions down the road. We will address types, components, and the importance of the business exit strategy.
Check out the full list of the most creative and successful ideas you can implement in your practice without difficulties - online and offline. And the good news is that many of them are relatively inexpensive.
The world is adjusting to the "new normal" we are now living in, but during this unprecedented time, every community and industry has managed to turn challenges into opportunities. Conferences are a clear example as many organizations have chosen to modify the format of their meetings by adding an online option or moving to a completely virtual environment.