Finance
Advice and resources around the costs of running a practice, payment plans and talking money with clients.
December 2023
Pet owners traditionally sought veterinary services on a pay-per-visit basis, often delaying essential care due to financial concerns. However, the subscription model has the potential to revolutionise pet health care by offering a more accessible, comprehensive, and cost-effective approach…
Article 30 minsNovember 2023
October 2023
January 2023
November 2022
July 2022
June 2022
The veterinary sector continues to face numerous challenges, including vet shortages, price inflation and falling practitioner well-being, to name but a few. Against this backdrop, Ernie Ward asks how vets can continue to work effectively, and balance the necessary demands of making a profit and serving a purpose…
Article 23 minsMay 2022
February 2022
May 2021
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...
Article 25 minsApril 2021
February 2021
September 2020
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...
Article 24 minsMay 2020
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.
Article 20 mins