Spring Cleaning Part 2
Financial Best Practices Your practice’s finances should be consistently top of mind. You should be monitoring and tracking accounts receivable, collections, and credit adjustments on a weekly or monthly basis. From here, pinpoint your current status and chart a goal … read more
Top 5 Things to Consider in Self-Storage Construction
Investing in constructing Self-storage facilities is an important decision with many considerations. Historically, there were zoning restrictions that prohibited growth in certain prime locations. With changing regulations and unprecedented growth in the industry causing at or near 100% capacity for … read more
Practice Financing: Long-Term Financing
What You Need to Know About Practice Financing The veterinary community is an evolving yet thriving industry with many opportunities as well as some challenges. Among the challenges practice owners often face is financing. Bankers want to lend money to … read more
What is Cash Flow?
Many factors will affect the strength and success of your funeral home, including the financial decisions you make for your business. As a business owner, you want to look for ways to improve the business financially. Are there ways to cut … read more
Need more cash? Don’t keep it stacked on your pharmacy shelves.
If your practice experiences monthly cash flow struggles, it may be because you have too many dollars tied up in inventory. Small animal practices should strive to keep cost of goods sold (“COGS”) at about 20-22% of gross revenue. COGS … read more
Terry Campbell to Lead Live Oak Bank’s Self-Storage Lending Division
Live Oak Bank is pleased to announce Terry Campbell as leader of its new division offering financing to the Self-Storage industry. Terry joins the Bank with over 20 years experience in the industry. He is the former VP of Sales … read more
Live Oak Bank Radio Interview Jeff Clark
Listen to Jeff Clark’s interview on “The Krush” 92.5, Central Coast Craft Beer Radio! The segment, hosted by Pepper Daniels and crew, explores the growing world of Craft Beer on the Central Coast and beyond.