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Veterinary Clinic Under New Ownership Seeks Comprehensive Financial Business Plan
Veterinary Clinic Under New Ownership Seeks Comprehensive Financial Business Plan
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“Foster Results jumped in to help the clinic manage their finances and improve internal systems.”

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The Client

Glasgo Veterinary Services, located in Indianapolis, Indiana, is a full-service clinic, providing comprehensive medical care and diagnostics, as well as dentistry and surgery for small animals.

The Challenge

While the previous owner managed the day-to-day bookkeeping needs, the new owner wanted to utilize the services of a partner with industry understanding so she could focus on what she loves – taking care of the animals. The new owner was interested in how to streamline processes and get information so decisions could be made based on financial facts.

The Solution

Foster Results jumped in to help the clinic manage their finances and improve internal systems. By teaching the staff and leadership team how to understand their financial information, follow trends, use cash flow tools, and monitor and review their practice management system, the Glasgo Clinic was able to understand the importance of having up-to-date processes and compatible systems.

Highlights

  • Manages day-to-day accumulation and entry of information from practice management system
  • Reconciles monthly transactions
  • Provides accrual accounting services

 

 

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