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The Value of Your Practice Depends on How You Define Your Role
Your practice is a valuable investment asset. The roles you choose to play in the business have everything to do with building value and understanding how to harness the profit to benefit your household. Focusing on building the monetary value of your practice is vital to your personal financial survival in regards to the cash flow it provides the household plus the proceeds of the sale when you transfer ownership to a buyer. I’ve had over 20,000 conversations with Practice Owners about their personal and business finances, and the most common theme with those who were financially struggling is trying to fulfill every role in
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An IRS Agent Walks Into a Bar…
We all know jokes about the IRS and getting taxed seemingly to death. But I doubt any of us laugh when we pay those tax bills. Is writing that check painful? Did you have to go to old hiding places to get the money or were you prepared? The reality is we all have to pay taxes, but that doesn’t mean we have to suffer in the process. It is all about knowledge and preparation. Do you have a pulse on what you are going to owe? Are your tax payments planned for and on time? Do you set aside money for taxes so you
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Check out this article to discover the most common personal and practice-level barriers,
How Should Veterinary Practice Owners Align Their Practice and Personal Finances?
By Eric S. Miller As a veterinary practice owner, you have personal finances
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You Make Great Money. So Why Do You Still Feel Financially Stressed?
If you’re a veterinarian, physical therapist, dentist, optometrist, chiropractor or other healthcare practice owner who earns well but still doesn’t feel completely in control of your finances, this episode is for you.
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Subscribe to the Financial Beast Podcast
You Make Great Money. So Why Do You Still Feel Financially Stressed?
If you’re a veterinarian, physical therapist, dentist, optometrist, chiropractor or other healthcare practice owner who earns well but still doesn’t feel completely in control of your finances, this episode is for you.
Listen On:
Meet The Author
Eric S. Miller
Eric Miller is Co-Owner and Chief Advisor of Econologics Financial Advisors with 20+ years helping private healthcare practice owners harness the power of their business profits to build personal wealth by integrating their business and household under one financial system. He also hosts the popular Financial Beast Podcast, is a best-selling author, and speaks nationally on financial topics about how to achieve control and certainty toward long-term financial security.
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