Keep Pets and Profits Healthy

Keeping pets healthy isn’t business—it’s your passion.

So, raising fees? 

That’s not exactly at the top of your to-do list over things like diagnosing, surgery, and care plans.

But then…

  • You feel the financial pinch every time your practice needs new equipment because you don’t have the profit to reinvest.

  • You and your staff are putting in long hours, but your profit margin doesn’t match.

  • The cost of living keeps rising, and your practice falls further and further behind on employee pay, equipment upgrades, and the industry standard.

Raising fees needs to be done.

Think about how the cost of living has increased just over the last year. If you haven’t upped your fees in the last 5 years, think how behind you are.

For maximized profitability, raise fees beyond just keeping up with the Cost Of Living.

My recommendation: raise fees incrementally every year by:

The cost of living + your desired profit margin. 

That way, you keep your profit margin up and have the profitability to invest in better care.

Use my formula for quarterly increases in my guide to setting up incremental fee increases in your practice.

 
Shirley Lockhart