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Veterinary business - Practice finance made fun!
Tutor: Alan Robinson BVSc DMS MRCVS
Alan qualified as a veterinary surgeon in Australia and has 23 years experience in practice in the UK and Australia. He has worked as a consultant in the areas of technical service, training, product development and marketing for the veterinary pharmaceutical industry and has successfully delivered coaching and management consultancy in electronics, pharmaceutical, global retail and veterinary industries. Current projects in the veterinary market include benchmarking, seminars, CPD workshops and practice performance management.
Course content

There is pressure on practice turnover from increasing numbers of practices, corporate and retail competition, pet demographics as well as the on-going burden of legislation. The traditional reliance of the Annual Accounts from the accountant with emphasis on seeking efficiency gains, "holding down" expenses and putting up prices has not been sufficient to maintain turnover and profits.

 

Knowing how and where turnover and profit are actually generated in the practice is the first step in improving financial performance. This pro-active and interactive one-day seminar will help to simplify and de-mystify practice accounts and provide practical help to measure, manage and maintain practice finances even for those adverse to figures.

Key Learning Objectives:

By the end of this course, delegates will have a much better understanding of:

 

  • Annual Accounts and Cost Analysis
  • Breakeven and sensitivity analysis
  • Average Transaction Value and Client Life Time Value
  • Measuring 'real' profit 
  • Simple trends to follow in business
  • Financial and Non-Financial symptoms of practice distress
  • Avoiding mistakes responsible for failure
  • Simple budgeting and forecasting tools
  • Measuring and Improving vet productivity

Sounds dull? Guaranteed to be fun and informative!

Venues and Dates:
Location: Leeds
Date: 20/11/2008
Course Code: 8BFIN11N

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Location: Swindon
Date: 05/12/2008
Course Code: 8BFIN12S

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Course Times:

Registration and coffee 9am.

Course starts at 9.30am and finishes 5.30pm

Course Fees:£289.00 plus VAT (£339.58 in total). In addition to the tuition the fee includes access to notes online before and after the course (where available), hard copies of the notes on the day, all refreshements and a buffet meal. 
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