Liza Minelli couldn’t have summed it up better when she sang that money makes the world go round in the 1972 film Cabaret. It’s true, despite what we all want to believe. In a commercial context, this means thinking about how a practice funds its setup or expansion, how it acquires equipment and how it funds its day-to-day expenses...

It is always vital to prepare and track realistic cash flow forecasts – especially in the current climate. Concrete cash protection procedures are also key for your practice to thrive, rather than just survive…

It has long been said that the veterinary profession is recession proof, but the question now is: will it prove to be pandemic proof too?

Coronavirus has changed the world – and it has also changed what clients expect from their veterinary practice. Change is often a scary thing, but with a planned and pragmatic approach, your practice can survive and even thrive in a post-COVID world...

Bounce Back Loans (BBL) could be a relatively low-risk financial lifeline for practices hit by the coronavirus pandemic. With no fixed interest and no repayments for the first year, a BBL could make all the difference for some businesses, but think fast as they won't be about for long...

Figures published by HMRC have shown vets are missing out on millions of pounds in research and development (R&D) tax credits. Cheryl Teoh – senior R&D technical consultant at innovation funding consultancy Leyton UK – looks at the scheme, what can be claimed for and why vets aren’t claiming for what they are owed.

Veterinary practice is a reactive business. As a result, life in practice can be chaotic, stressful and expensive, with many vets working far too hard for far too little return...

Helen Tottey sought to find a solution to this conundrum by comparing RVNs’ views with those of the public.

Modern imaging modalities have revolutionised veterinary care, but deciding what you need, how much to pay for it and when to use it remain complicated decisions. Here, Mark Gill from Goddard Veterinary Group explains why it’s important to ensure the numbers add up...

Having practice staff in uniform not only enhances a brand with clients and wherever else employees are seen, it also provides a perk in that it saves employees’ own clothing from wear and tear. But, as might be expected, rules and regulations exist that surround the provision of a uniform if it’s to be tax deductible…

Nick White looks at how practices can grow the percentage of insured clients – and the significant financial benefits of doing so…