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Utilizing partial budgets can assist veterinarians in making business decisions. It is important for the financial health of a veterinary practice to look at expanding services and thinking critically when purchasing equipment. This presentation aims to equip veterinarians with the knowledge on how to create a partial budget, calculate a break-even point, develop a timeline for implementing a new service, and how to conduct a sensitivity analysis to assess risk.
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Brandon Scharping (2024) studied this question.
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