VHMA Webinar: Lessons Learned from the Last Recession-and How to Prepare for a Future One
VHMA Member Price: $0; Nonmember Price: $0
Effective veterinary practice management during recessionary periods is critical. How you determine staffing levels, set prices, and manage financial expenditures likely were key components to how your hospital weathered the last recession. But what are the lessons we learned from the last recession, and how can we apply that knowledge to prepare for a future one? In this webinar, Terry O’Neil will share his insight on how to effectively manage labor, determine price elasticity, improve efficiencies, and calculate a break-even analysis. And he’ll explain how to apply these management skills to effectively manage the veterinary hospital of the future.
Original Recording:
Thursday, July 7, 2022
1:00 PM - 2:00 PM Eastern
Credit
CEU1:1.0
Description
Speaker:
Terry O'Neil, CPA, CVA
Terry O’Neil is the partner-in-charge of Katz, Sapper & Miller’s Veterinary Services Group. With over 30 years of experience, Terry helps veterinary hospitals grow by providing them business, financial, and tax advice. He helps clients determine growth strategies, effectively manage labor and expenses, identify and manage operational efficiencies, improve profitability, and ensure their hospital is financially sound. Additionally, Terry specializes in the acquisition or sale of veterinary hospitals, buy-sell agreements, and business valuations.
Terry is also responsible for the management of the Veterinary Study Groups’ database of veterinary hospital financial data for over 600 hospitals across the country, allowing KSM to identify key industry trends and opportunities. Terry often speaks at conferences regarding profit improvement, veterinary business valuation, succession planning, financial benchmarking, and other
business topics.
In addition to representing numerous veterinary medical practices over the last 30-plus years, Terry was previously the CFO for a group of eight veterinary medical practices and was a stakeholder in the business. He was also a regional financial analyst for a national veterinary medical practice. Terry assisted with the sale, purchase, integration of new acquisitions, and the preparation of regional and national budgets. His work as a CFO and with the national organization allowed Terry to gain valuable insight on how the private and public veterinary medical practices operate.
Terry O'Neil, CPA, CVA
Terry O’Neil is the partner-in-charge of Katz, Sapper & Miller’s Veterinary Services Group. With over 30 years of experience, Terry helps veterinary hospitals grow by providing them business, financial, and tax advice. He helps clients determine growth strategies, effectively manage labor and expenses, identify and manage operational efficiencies, improve profitability, and ensure their hospital is financially sound. Additionally, Terry specializes in the acquisition or sale of veterinary hospitals, buy-sell agreements, and business valuations.
Terry is also responsible for the management of the Veterinary Study Groups’ database of veterinary hospital financial data for over 600 hospitals across the country, allowing KSM to identify key industry trends and opportunities. Terry often speaks at conferences regarding profit improvement, veterinary business valuation, succession planning, financial benchmarking, and other
business topics.
In addition to representing numerous veterinary medical practices over the last 30-plus years, Terry was previously the CFO for a group of eight veterinary medical practices and was a stakeholder in the business. He was also a regional financial analyst for a national veterinary medical practice. Terry assisted with the sale, purchase, integration of new acquisitions, and the preparation of regional and national budgets. His work as a CFO and with the national organization allowed Terry to gain valuable insight on how the private and public veterinary medical practices operate.
