Bonus: Live Coaching - ‘Wages Are Devouring My Profit’

30/07/2025 1h 11min Temporada 1 Episodio 2

Listen "Bonus: Live Coaching - ‘Wages Are Devouring My Profit’"

Episode Synopsis

Feeling the squeeze from rising wages and shrinking margins?You’re not alone. But you don’t have to stay stuck.In this special live coaching episode Sam puts on his business gumboots and gets into the trenches with a mixed practice owner battling one of the toughest challenges in vet business today: sky-high wage percentages and falling profitability.Together, they break down the numbers, uncover hidden inefficiencies, and lay out a step-by-step plan to get margins back where you want them - without cutting hours or burning out the team.Here’s what you’ll learn:Why wage percentages spiral out of control (and why firing staff isn’t the fix)How to price confidently The 4 KPIs every vet owner must track: ATVs, invoices per vet, COGS, and care standardsWhy the “vet does everything” model is doomed to fail, and what the alternative could look likeRebooking systems and revisit strategies that improve both client retention and revenueThe standards of care metrics that drive medicine and profitHow outsourcing drug sales to online pharmacies can actually boost efficiency and cash flowThis is a raw, numbers-driven session for veterinary practice owners where you’ll see exactly how Sam diagnoses a struggling practice and builds a path forward.Hit play to learn how to reduce wage pressure, reclaim profitability, and run a business that works—for you and your team.If you'd like Sam's help to grow an abundant practice, here are 4 tools that will help:1. Get Sam’s book “⁠⁠The Abundant Practice⁠⁠”  2. Take the⁠⁠ 7 minute Practice Diagnostic Assessmen⁠⁠t to uncover the biggest opportunities in your practice. s3. ⁠⁠Join our FREE closed Facebook Group⁠⁠, “The Practice Incubator Group”. It’s the place we share good ideas that work in practice. 4. Want to discuss your situation? ⁠⁠Click here to have a chat. ⁠⁠ 

More episodes of the podcast Veterinary Business Accelerator. Time, Profit, Freedom