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VHMA Webinar: Creating Consistency in Revenue and Expenses
VHMA Member Price: $0 ; Non-Member Price: $30
Creating consistency in revenue and expense categorizations is vital for tracking and understanding the financial position of the practice. Knowing the key targets to pay attention to is critical for benchmarking your practice against other well-managed practices and understanding where to focus your efforts for improvement. Mary Beth with explain how to categorize the profit and loss statement so that variable, fixed, facility, staff, and owner expenses are organized, as well as discuss the benchmarks for each category. She will also explain key performance indicators to pay attention to in order to assess the financial health of the practice and share data from the Well-Managed Practice Benchmarks Study results.
Original Recording:
Thursday, August 18, 2016
1:00 pm - 2:00 pm EST
Credit
CEU1:1.0
Description
Speaker: Mary Beth Koester, BA
Mary Beth Koester, Manager of the Business Valuation practice at Rea & Associates, provides valuation and succession planning services for clients. Mary Beth educates clients on strategies for growing the value of their business and assists in the formulation of their optimal succession plan.
Prior to joining Rea & Associates, Mary Beth worked for a veterinary management consulting firm where she led the business valuation division. She has performed numerous valuations, cash flow analyses, and affordability analyses. She’s been published in Firstline, has co-authored the Benchmarks Well-Managed Practice® Study, and spoken at veterinary conferences.
Mary Beth is a graduate of Cleveland State University with a bachelor’s degree in accounting and international business. She is a member of the American Institute of CPAs, the Ohio Society of CPAs, and VetPartners.
Prior to joining Rea & Associates, Mary Beth worked for a veterinary management consulting firm where she led the business valuation division. She has performed numerous valuations, cash flow analyses, and affordability analyses. She’s been published in Firstline, has co-authored the Benchmarks Well-Managed Practice® Study, and spoken at veterinary conferences.
Mary Beth is a graduate of Cleveland State University with a bachelor’s degree in accounting and international business. She is a member of the American Institute of CPAs, the Ohio Society of CPAs, and VetPartners.
