Profit Mastery for Veterinary Practices
Ignite Your Practice Profits!
When you have control over your cash flow, you can predict and plan for inventory purchases, retain top talent employees with unmatched compensation and benefits, and reward yourself for your hard work in practice ownership!
That is what Profit Mastery allows you to do — take control of your practice finances, take control of your personal finances… so you can enjoy peace of mind and true freedom with your finances.
Profit Mastery: BASIC
With this level, you’ll have access to basic Quickbooks online booking training videos and access to the Profit Mastery training videos.
This package is a do it yourself.
Here’s what you’ll get…
- Quickbooks Online training videos
- Profit Mastery for Veterinary Practice Owners Training Videos
- Bi-Monthly Profit First Allocation Celebrations with other Profit Mastery Members
- Monthly Q&A with Ruben Cruz, CPA and Profit Coach
- Monthly Educational Content Calls
Profit Mastery: PRO
You’ll get everything in the BASIC level PLUS your very own Profit Mastery & Quickbooks Coach!
Your dedicated Profit Mastery & Quickbooks Coach will guide you in implementing Profit Mastery, answer your questions, keep you accountable, and assist in your bookkeeping.
Here’s what you’ll get…
- Quickbooks Online training videos
- Profit Mastery for Veterinary Practice Owners Training Videos
- Bi-Monthly Profit First Allocation Celebrations with other Profit Mastery Members
- Monthly Q&A with Ruben Cruz, CPA and Profit Coach
- Monthly Educational Content Calls
- One-to-one Dedicated Profit Mastery Coach
- (Two) One-to-one Calls with a Quickbooks Coach
Fractional CFO
Want a CFO by your side? But a full time CFO on your team is often out of reach financially for practice owners.
With this level you get direct access to Ruben as your Fractional Chief Financial Officer, at an affordable rate that still allows your practice to grow and thrive.
This is for 7 figure + practice owners who aspire to grow and expand their practice in a predictable fashion. Ruben uses industry knowledge, financial modeling, and tax planning to ensure you reach your practice expansion goals, while saving you money on taxes.
Who this is IDEAL for…This level is for the practice owner who is looking to expand fast, open other locations, save on taxes, or wants further insights on the well-being of their practice finances.
Here’s what you’ll get…
- Monthly One-to-One Calls with Ruben
- Customized Financial Reports
- Cashflow forecasting and budget planning
- Annual Tax Projections to minimize your tax liability in advance
- Annual Tax Strategy Meeting to lower your tax bill
*This exclusive level is not for everyone. An application is required to see if you’re a good fit and your practice is ready for a Fractional CFO. Upon review of your application, we’ll reach out to schedule a one-to-one call or recommend one of our other programs that would serve you best.
FAQ
Absolutely not! In fact, we prefer that you are not. As the saying goes, it is harder to teach an old dog new tricks (no pun intended).
That’s wonderful! Profit Mastery is a cash flow methodology and when implemented correctly you will have more control over your business cash flow, be able to plan for expenses, reinvestments, etc..
Even though there is an overlap with bookkeeping, Profit Mastery will help give you a framework and methodology for managing your finances (both business & personal), in a simple & easy way to ensure you always have enough money!
This will make taxes a breeze and you’ll be able to share everything we do together in Profit Mastery with your current CPA (they will thank you for it!)
When it comes to money & finances, everyone’s situation is so individualized and specific. So for that reason, we highly encourage you to go PRO! With Profit Mastery PRO level, you get a dedicated Profit Coach that assists you in implementing the Profit First methodology, answers your specific questions, assists with your bookkeeping, and keeps you accountable.
It consists of financial literacy, practice management, relevant accounting and tax information to help you be more profitable and allow you to experience more freedom in your practice.
Ruben, your Profit Coach, or other Veterinary specific professionals will provide educational content to continue to develop you into the practice owner you desire to be.
Profit Mastery for Veterinary Practice Owners is implemented over the first few months, but is then an ongoing process. As your practice grows and increases in profits, new potential opportunities and challenges arise. Profit Mastery enables you to plan ahead for those opportunities and avoid risk.
For example: a practice owner may want to plan a holiday party for their staff members as a token of appreciation. With Profit Mastery, you will feel confident by putting money aside for this event and ensure an enjoyable experience for your team and practice. We’ll show you how to use it as a tax deduction and make sure it’s allocated in your books properly.