Expansion Financial Modeling and Analysis Assistance – Veterinary Medical Practice
- Client’s Objectives: Finance and build a new, much larger facility to accommodate growth
- Project: Developed a five-year financial statement projection model for financing efforts and to provide the owners an understanding of their debt service requirements/return potential
- Result: New facility delayed while profitability is increased and two additional veterinarians are hired
- Value: Quantification of owner’s growth plans, comparison of client’s practice to industry financial information, and identification of areas for performance improvement prior to expansion