Veterinarians are brilliant people. They know how to treat, operate, and diagnose all sorts of animals. Through years of schooling and training, veterinarians develop a very special set of skills. However, they are not necessarily the most business-savvy group. Even though many veterinarians work toward building their own practice, they may not know the first thing about tracking revenue or creating a budget. If you are a veterinarian who wants to bridge the gap between your business and medical knowledge, read these ways veterinarians can learn about business.
Veterinary conventions often feature guest speakers for both the medical side of the practice and the business side. As a veterinarian, you may feel a strong pull to ignore the business mumbo-jumbo and just enjoy the educational benefits of the medical speakers. However, you must find a balance. These conventions are a great opportunity to learn about the high-caliber business topics that drive the industry.
Workshops and Seminars
Usually offered by private firms and pharmaceutical companies, these one-day events focus on one or more topics relevant to the business behind veterinary medicine. They are a tremendous way to collect a great amount of knowledge in a limited time. They will teach you how to expand your services and improve your reputation, ultimately increasing the appraisal of your clinic.
Of all the ways veterinarians can learn about business, the most time-consuming yet rewarding would be a Master’s in Business Administration (MBA). Varying from part-time online programs to full-time student work, MBAs teach people how to manage teams, understand quantitative and qualitative key performance indicators, and ultimately lead businesses to success. Considering the eight years of schooling it takes to become a veterinarian, it may be hard to imagine returning for three more, especially considering the cost. But veterinarians who do this stand to gain a leg-up on the competition.
If you are looking for a cheaper, more accessible way to learn some business skills, there are plenty of online courses and webinars for veterinarians. They offer students a great of flexibility with their time. You just need to find a program that matches your interests and give it your full attention.