{"product_id":"why-your-practice-needs-an-operating-budget-wwv-2025","title":"Why Your Practice Needs an Operating Budget (WWV 2025)","description":"\u003cstyle\u003etable\n\t{mso-displayed-decimal-separator:\"\\.\";\n\tmso-displayed-thousand-separator:\"\\,\";}\ntr\n\t{mso-height-source:auto;}\ncol\n\t{mso-width-source:auto;}\ntd\n\t{padding-top:1px;\n\tpadding-right:1px;\n\tpadding-left:1px;\n\tmso-ignore:padding;\n\tcolor:windowtext;\n\tfont-size:10.0pt;\n\tfont-weight:400;\n\tfont-style:normal;\n\ttext-decoration:none;\n\tfont-family:Arial;\n\tmso-generic-font-family:auto;\n\tmso-font-charset:0;\n\ttext-align:general;\n\tvertical-align:bottom;\n\tborder:none;\n\twhite-space:nowrap;\n\tmso-rotate:0;}\n.xl17\n\t{white-space:normal;}\n\u003c\/style\u003e\n\u003cdiv data-ccp-timestamp=\"1769091505397\"\u003e\n\u003ctable width=\"668\"\u003e\n\u003ccolgroup\u003e\u003ccol width=\"668\"\u003e\u003c\/colgroup\u003e\n\u003ctbody\u003e\n\u003ctr height=\"306\"\u003e\n\u003ctd width=\"668\" height=\"306\" class=\"xl17\"\u003ePresented by: Grace Ursery (Founder, Vet Money Geek)\u003cbr\u003e\u003cbr\u003eSession Description: \u003cbr\u003eThis presentation explains why an operating budget is vital for any veterinary practice aiming for profitability within a year and having the financial resources for long-term success. It offers an overview of the three critical financial statements every business needs, with a focus on the income statement. Using a veterinary chart of accounts, the presentation will break down the components of a practice's Profit \u0026amp; Loss report—where those figures originate and how daily actions on the hospital floor influence those numbers. By defining what an operating budget is and outlining its key parts—revenue projections, fixed and variable costs, operating expenses, and net income or profit margin goals—the practice leadership will better understand how these elements support their strategic business plan. Building on this foundation, we will explore the key steps of creating a budget based on past performance and expected future events.\u003cbr\u003e\u003cbr\u003e\u003cspan\u003e \u003c\/span\u003e- \u003cbr\u003eUnderstanding common financial jargon and how it applies to a veterinary practice.\u003cbr\u003eHow to utilize a veterinary Chart of Accounts.\u003cbr\u003eHow to build a budget.\u003cbr\u003eWhy measuring performance to budget is empowering for operational decision-making.\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003c\/div\u003e\n\u003cstyle\u003etable\n\t{mso-displayed-decimal-separator:\"\\.\";\n\tmso-displayed-thousand-separator:\"\\,\";}\ntr\n\t{mso-height-source:auto;}\ncol\n\t{mso-width-source:auto;}\ntd\n\t{padding-top:1px;\n\tpadding-right:1px;\n\tpadding-left:1px;\n\tmso-ignore:padding;\n\tcolor:windowtext;\n\tfont-size:10.0pt;\n\tfont-weight:400;\n\tfont-style:normal;\n\ttext-decoration:none;\n\tfont-family:Arial;\n\tmso-generic-font-family:auto;\n\tmso-font-charset:0;\n\ttext-align:general;\n\tvertical-align:bottom;\n\tborder:none;\n\twhite-space:nowrap;\n\tmso-rotate:0;}\n.xl17\n\t{white-space:normal;}\n\u003c\/style\u003e","brand":"Wild West Vet 2025","offers":[{"title":"Default Title","offer_id":56630127821173,"sku":null,"price":19.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/academy.vetshow.com\/fr\/products\/why-your-practice-needs-an-operating-budget-wwv-2025","provider":"Vet Show Academy","version":"1.0","type":"link"}