New Episode Alert! On the next Veterinary Insider Podcast, Dr. Bonnie Bragdon dives into the world of finance and feline adoration with special guest Michelle Musacchio from Fit Money CPA. If you hate accounting but love cats, you won’t want to miss this enlightening discussion.
Michelle shares her expertise on how independent veterinary practices can thrive financially, covering topics like forecasting, cash flow, budgeting, and taking the fear out of managing your practice’s finances. She also delves into why understanding accounting isn’t just for practice owners-it’s vital for associates, too! With plenty of cat-centric banter and real-world advice, this episode is equal parts fun and informative.
Learn how Fit Money CPA’s tools and strategies, like Hindsight, Insight, and Foresight, can help you manage your practice, plan for growth, and achieve your financial dreams-all while staying true to the independent veterinary spirit.
Tune in this week to gain valuable insights, practical tips, and a few laughs along the way. Watch the full episode here: th-cam.com/video/GtaViNuELBM/w-d-xo.html
Check it out on your favorite podcast platform or visit iVeterinarians.org.
#VeterinaryPodcast #IndependentVet #AccountingMadeEasy #VetFinance #VeterinaryLeadership #CatsRule
00:00 Introduction to Accounting and Cats
03:10 The Importance of Understanding Taxes
06:13 Inflation and Its Impact on Veterinary Practices
09:10 The Role of Accounting in Decision Making
11:57 Understanding Financial Statements
15:07 Cash Flow and Its Significance
17:47 The Importance of Financial Planning
21:01 Consequences of Poor Accounting Practices
23:55 Integrating QuickBooks with Practice Management Software
26:52 Moving from Hindsight to Insight
29:47 Foresight: Planning for the Future
32:55 Managing the Life Cycle of a Practice
35:46 Setting Financial Goals
38:50 The Value of Ownership in Veterinary Practices
42:11 The Importance of Financial Literacy for Associates
44:58 The Benefits of Independent Practices
48:10 Conclusion and Resources
The podcast for veterinarians who own their medicine, their profession, and their success.
The Veterinary Insider podcast is powered by the Independent Veterinary Practitioners Association and hosted by co-founder and immediate past president, Dr. Bonnie Bragdon. The IVPA is the only association exclusively dedicated to keeping veterinary practice ownership a sustainable lifestyle and career option. Member benefits include discounts on products and services that drive practice profit, as well as opportunities to change the course of the veterinary profession.