BEVA is giving its members the opportunity to participate in a free practice benchmarking survey, to help them ensure their business is being run as efficiently and profitably as possible.

BEVA is giving its members the opportunity to participate in a free practice benchmarking survey, to help them ensure their business is being run as efficiently and profitably as possible.

The report should identify areas for profit improvement, including practice structure and pricing and may also highlight other potential methods of income generation. The association has worked with Hazlewoods (chartered accountants and business advisors to the veterinary profession) to develop a detailed benchmarking questionnaire for equine veterinary practices, which allows businesses to compare their practice, anonymously, with other similar practices.

Mark Beaney, partner at Hazlewoods and specialist advisor to the veterinary profession, said: “This is a super opportunity for equine practices to obtain helpful, free advice on how to fine-tune their business for maximum efficiency, delivery and profit.

“The questionnaire should take no more than half an hour to complete and in return we will provide you with a confidential individual report, with your practice data benchmarked.”

Each report should identify areas for profit improvement, including practice structure and pricing and may also highlight other potential methods of income generation.

Mr Beaney will then present an overall report on the equine veterinary market at BEVA Congress on September 10, 2011. All participating practices will remain anonymous.

The benchmarking survey can be downloaded from the BEVA website and must be completed by June 30, 2011.

This year’s BEVA Congress (September 7-10, 2011) will take place at the Liverpool Arena Convention Centre and will mark the association’s 50th anniversary.

 

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