Four Economic Issues Threatening Practice Owners' Financial Success and How to Handle
0.5 CE Credit Hour / Veterinarians & Technicians
Overview:
Since the COVID-19 pandemic, practice owners have been facing challenging economic conditions that continue to threaten their personal financial success. It can feel daunting to constantly be on -guard for the next obstacle that challenges business growth, profitability, and value—ultimately affecting the livelihood of the owner on a personal level. Believe it or not, there are four main ways they can control their personal financial success, because they own a business, regardless of the obstacles they face that may seem outside of their control.
Key Learning Objectives:
- Learn the main economic issues that threaten business growth, profits, and value
- Define what financial success you need and want to achieve both for the practice and personally
- Discover four ways you can control your personal financial success despite challenges outside your immediate control
- Explore the number one action that brings about the biggest positive shift in an owner’s personal financial trajectory
Eric Miller, Chief Financial Officer
Eric has served over 20 years in the financial industry and co-owns a national financial planning company dedicated to serving the needs of healthcare owners. He has personally had over 20,000 conversations with practice owners at every phase of ownership. He has published countless articles, videos and podcasts on various financial topics and is an expert on matters concerning creating economic independence for a practice owner’s business and household. He has recently published a book “How To Become a Financial Beast” which quickly became a bestseller on Amazon.
Moderator: Cody Goldstein
Cody Goldstein has firsthand working knowledge of the challenges healthcare practice ownership can bring. With more than 14 years’ experience in business administration and having spent two of those years successfully running a 7-figure clinic in Maryland. He moved back to Florida and joined Econologics Financial Advisors shortly after the pandemic and since has had hundreds of conversations with practice owners at every phase of ownership. Cody’s well-rounded knowledge equips him to provide productive introductory consultations with prospective clients to help them navigate the relationship between practice and personal finances through the indoctrination of proper financial planning and education.
This program has been approved for 0.5 hour of continuing education credit in jurisdictions that recognize RACE approval.
This course is sponsored by Econologics.
