Matthew Kidd, CPA, PFS’ Post

Now, let's channel that Irish spirit and unleash the power of dreaming big for your practice! Let's dive deeper into the distinction between working in versus working on your practice. It's easy to get lost in the daily hustle, tending to patients and tackling immediate challenges. But here's the catch: if we don't pause to dream big, we risk missing out on transformative opportunities. Imagine this: Your practice, not just a clinic, but a thriving enterprise with a vision that extends beyond the exam room. That's the mindset shift we're striving for. When you embrace the "owner" mindset, your perspective shifts. Office hours become not just about patient care, but also about carving out dedicated time to work ON your business. But where do you find the time? It starts with delegation, empowering your team to handle tasks that don't need your expertise. Then, schedule weekly blocks to focus on strategic initiatives like: 1. Strategic Planning and Goal Setting: Envision where you want your practice to be and map out the steps to get there. Conduct a SWOT analysis and chart a course for success. 2. Optimizing Systems and Processes: Fine-tune every aspect of your practice for maximum efficiency, from scheduling to inventory management. 3. Crafting Your Brand Identity: Develop compelling marketing strategies to attract your ideal clients and foster loyalty. 4. Mastering Financial Health: Keep a close eye on your practice's financial metrics and make informed decisions to boost profitability. 5. Investing in Yourself: Never stop learning and growing. Seek out opportunities for professional development and networking. Working on your practice isn't just a task—it's a commitment to continuous improvement and realizing the extraordinary potential of your dreams. Feeling overwhelmed? Don't worry—We're here to help! We thrive on this stuff! DM us or schedule a complimentary call https://lnkd.in/g22kHu4n, and let's elevate your marketing strategy together. #MarketingStrategy #CVC #AnimalHealth #VeterinaryPractice #VeterinaryMedicine

Small business owners like you juggle too many challenges – from staffing gaps to rising costs and increasing client demands. The pressure never seems to let up… Delegate necessary but time-consuming administrative tasks to me. I’m your go-to Virtual Administrative Pro bringing convenience and flexibility to your business operations. I can tackle your administrative to-do list with a customized game plan that suits your unique needs – because who needs more stress when you can have seamless solutions? Say farewell to “too busy” and embrace more time for what truly matters. Contact me today. #virtualadminsupport #virtualassistant #onlinebusinessmanager #va #obm #officesupport #healthcareprofessionals #animalcareprofessional #veterinarylife #practicemanagement

Small business owners like you juggle too many challenges – from staffing gaps to rising costs and increasing client demands. The pressure never seems to let up… Delegate necessary but time-consuming administrative tasks to me. I’m your go-to Virtual Administrative Pro bringing convenience and flexibility to your business operations. I can tackle your administrative to-do list with a customized game plan that suits your unique needs – because who needs more stress when you can have seamless solutions? Say farewell to “too busy” and embrace more time for what truly matters. Contact me today. #virtualadminsupport #virtualassistant #onlinebusinessmanager #va #obm #officesupport #healthcareprofessionals #animalcareprofessional #veterinarylife #practicemanagement

🔍 Dive into the Business Strategy Behind Your Practice! 💼 Ever feel like you're juggling too many hats as a dental, medical, or veterinary practice owner? 🎩🦷🏥 It's easy to get lost in the daily grind and lose sight of the bigger picture. That's where our archived blog comes in! 📚 "Moving From the Dance Floor to the Balcony: The Importance of Seeing the Bigger Picture When Running a Private Practice" sheds light on the benefits of big picture thinking in practice management. From spotting growth opportunities to strategic decision-making, this blog underscores the value of having a guiding partner in your corner. 🔑 Key Takeaways: 🔹 Balancing day-to-day and long-term planning is crucial. 🔹 A partner can help you see opportunities and advise on strategic decisions. 🔹 Business consultants streamline operations, optimize cash flow, and more. 🔹 Big picture thinking leads to practice growth and financial success. 🚀 Ready to elevate your practice's management game? Don't miss the full blog on our website! Click the link below and discover how LenDRgroup Consulting can guide you from the dance floor to the balcony. 👇 Read the Blog- https://hubs.la/Q020-Y5j0 📞 Ready to take your practice to the next level? Reach out to our team for a consultation today! 💼👩⚕️🦷🐾 #PracticeManagement #BigPictureThinking #LenDRgroupConsulting

🐾📊 Quality of Earnings: The Financial Compass for Pet Care Business Transactions Diving into the financial core of a pet boarding and grooming company with $4.0 million in revenue demands more than a cursory glance at its balance sheets. The Quality of Earnings (QoE) report stands as a crucial navigational tool, guiding stakeholders through the depths of financial health, operational integrity, and sustainable profitability. 🔹 Empowering Decisions with QoE: A comprehensive QoE analysis transcends traditional financial scrutiny, providing a multifaceted view of the pet care company's true earnings quality and operational viability. It differentiates between recurrent revenues and one-off anomalies, assesses the consistency of cash flows, and scrutinizes the undercurrents of operational efficiencies and market positioning. ➡ Consolidated Insight: Strategic Decision-Making: The QoE report equips buyers and sellers with an unparalleled depth of financial insight, transforming the transaction process from guesswork to strategic decision-making. It lays bare the financial realities behind the $4.0 million revenue, ensuring that every stakeholder can negotiate and conclude deals with confidence, backed by a thorough understanding of what drives the business's value. Emotional Assurance: Beyond the numbers, the QoE offers emotional reassurance. For sellers, it validates the financial worth of their life's work, allowing them to step away knowing their legacy is appreciated and valued correctly. For buyers, it affirms the investment's soundness, ensuring that their entrepreneurial journey in pet care is built on a foundation of financial transparency and operational strength. Priceless Insight: In the pet boarding and grooming industry, where the emotional bonds between pets and their caretakers mirror the business transactions' deeply personal nature, the QoE's insights are invaluable. It not only illuminates the path to equitable transactions but also ensures that the legacy of care and commitment to furry clients continues under new ownership, supported by a robust financial and operational structure. In essence, the Quality of Earnings report is not just a financial document; it's a testament to a business's true worth, offering clarity, confidence, and peace of mind to all parties involved in the sale or purchase of a pet care company. Are you prepared to navigate the complexities of buying or selling a pet care business with the clarity and precision the Quality of Earnings report provides? Embrace this essential tool to secure a future where financial transparency and operational excellence lead the way. #QualityOfEarnings #PetCareInvestment #StrategicDecisions #FinancialTransparency #PetBoardingSuccess Peak Business Valuation  

Many back office operations for beer, wine, and spirits #distributors require paper and excessive manual data entry. How can #automation eliminate paper and manual data entry and expedite these processes? https://buff.ly/3EVpJUe

I’ve been seeing a lot of “we are not the same” posts across social media platforms lately, and unfortunately the tone frequently comes off all too wrong. This is our version of one of these posts: We are not the same. 🏙️ Your office might be in a high rise or an office building. 🚜 Our offices are in the cab of a tractor or inside a dairy barn. 🚗 Your commute might be 2 hours in bumper to bumper traffic. 🛻 Ours is 5 or so minutes on a rural road. 🛌 You might be kept up at night thinking about that project at work. 🛏️ We might be up at night pulling a calf, or thinking about how to solve a problem on the farm. We are not the same. But that’s ok. This world thrives off of people who are different from each other. You need us to feed you. We need you to be our accountants, advisors, chemists, city clerks, manufacturers, etc. Our diversity is what allows our world to work. So whether you drive 5 minutes or 2 hours, and whether you work as a CEO, welder, marketing specialist, or anything in between, THANK YOU! We can’t all be farmers, and you doing your job means that we get to do ours! ❤️ #differences #supporteachother

Don’t hesitate getting your valuation and exploring options! Being proactive helps being best prepared when timing aligns for you, whether it’s due to interest rates or more partnership groups and consolidators exploring. 🏥 Did you know there are still companies buying practices? ⏰ Did you know turnaround time (once you sign an LOI) to close can be 2-3 months depending on how well your financials are prepared and accessible? As well as closing date availability based on the company you choose to sign with. 📅 Did you know if you wait until mid year to start the process but want to close yesterday, you risk not getting your preferred closing timeline with your favorite group choice? 🗒️ Did you know we work with candidates who feel they are still 3-7 years out from doing anything? It’s never too soon to prepare and we’ve worked with people for several years before they are ready to sell. 🤝 Do you know all your options available and that some companies even offer joint ventures or customizable partnership options, along with full acquisitions? We’ve helped veterinary hospital owners find their fit for their legacy in combined experience from ages 30-70. Regardless of what age or stage of life you’re in, we want to help you discover where your legacy is and help you best position for its next steps. Zach Pittman and I are here to help! Legacy Veterinary Advisors

🔦 Employee Spotlight: Operations Manager, Shannon David! 🎉 🤝 With Cascade: 5+ years! ✅ Responsibilities: Manage the day-to-day operations ranging from agency reporting and communications to inventory reconciliations and placements. 🥾 Loves to explore: Shannon loves to drive and explore places she's never been— her goal is to visit as many National Parks and Monuments as possible. 💛 Family First: She loves to stay with family in Northern Arizona on the Navajo Reservation where they tend to their cattle, horses, sheep, dogs, and cats. 🌳 When she's not at work: You’ll find her with her friends who also love to explore. They usually take trips throughout the year to go fishing, hiking, or visit Las Vegas. 💙 Our amazing team is dedicated to simplifying your accounts receivable management and creating competitive solutions for your business. #KeepingUpWithCascade #CashFlow #Healthcare #Revenue #DebtCollection #AccountsReceivable #AccountsReceivableManagement #CollectionServicing #RevenueCycleManagement #MedicalDebt

Summer is quickly coming to an end, and if you're still planning on taking some time off, PriMedical, Inc. - Nationwide Case Management has you covered! Our medical record review service ensures that your incoming claims are handled with precision and care while you're away. We'll determine the best course of action and deliver a comprehensive report right to your desk. Contact us to learn more about how we can help you take a worry-free vacation this year! ☀ #medicalrecordreview #workerscompensationclaims #claimsmanagement