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Wednesday, April 17, 2019

Where Do We Grow From Here?

Start Date: 4/17/2019 9:00 AM CDT
End Date: 4/17/2019 4:30 PM CDT

Venue Name: Courtyard by Marriott

Location:
2405 SE Creekview Drive
Ankeny, IA  United States  50021

Organization Name: IVMA

Contact:
IVMA
Email: ivma@iowavma.org
Phone: 800-369-9564

Where Do We Grow From Here?
Frtiz Wood, CPA, CFP


Wednesday, April 17, 2019
9:00am - 4:30pm
Ankeny, IA

 

Sponsored by  Fritz Wood owns and operates an animal health consulting practice in Lenexa, KS. He has focused exclusively on the veterinary profession for nearly 30 years, conducting important research examining veterinary productivity and attributes of high-performing practices. As a business content expert and key opinion leader, he has authored dozens of articles, contributed to books and online courses, and presented to veterinarians throughout the world.

 

Schedule:
8:30 am - 9:00 am       Registration
9:00 am - 10:00 am      Plug the Leaks in Your Practice 
A primer on basic controls every business should have in place to mitigate the risk of loss. From the cash drawer to inventory on the shelves, most practices don't employ the necessary controls, and many suffer the consequences.
10:00 am -10:15 am    Break
10:15 am -12:15 pm    Where Do We Grow from Here?     
The bulk of the day will be invested in exploring the greatest opportunities to grow practice income - gross income and net income. Gross income drives net income, which drives practice value - and we should all be concerned about that. All opportunities are not equal. We'll focus on those few areas with the biggest leverage. Specifically, we'll look at the laboratory, oral care, flea/tick/heartworm preventives, and nutrition. Learn how top practices are out-performing, and as importantly, common mistakes to avoid.
12:15-1:15 pm             Lunch
1:15 pm - 2:15 pm       Where Do We Grow from Here? (continued)
2:15 pm - 2:30 pm       Break
2:30 pm - 4:30 pm       Tenets of Personal Financial Success or Personal Financial Wellness
While you may not desire wealth, most of us prefer a comfortable future, absent all the day-to-day worries about money, and the freedom to spend our days as we see fit. A basic understanding of personal finance is a critical life skill, yet few of us gain that skill at home or in school. The good news? Those with a basic understanding of personal finance have a huge lifetime advantage over those who do not! I’ll cover the tenets of personal financial success, items you should demand of any financial advisor, and walk through the financial planning process. I’ll also discuss investing and investments.