WEBINAR: Creating Consistency in Revenue and Expenses
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.
Speaker: Denise L. Tumblin, CPA
Denise Tumblin, owner of Wutchiett Tumblin and Associates, provides
management, valuation, and transition services to independently-owned
veterinary practices across the U.S. Her company authors the Benchmarks
Well-Managed Practice® Study, and Denise is the co-founder and
facilitator of the WellMP® Management Groups.
Denise speaks regularly at national and regional meetings on
valuation and management issues and has authored numerous veterinary
management articles.
Denise is a graduate of The Ohio State University and is a member of:·
- The AICPA, the OSCPA, and NACVA·
- VetPartners and serves on the Board, the Valuation Council, the Digital Committee, and the Career Development SIG·
- Veterinary Team Brief Advisory Board·
- AAHA·
- The Capital Area Humane Society