Make Your Vet An Asset
W. Mark Hilton
When you look at the balance sheet for any business, every item is classified either as an asset, a liability or owner’s equity. As a veterinarian, it bugs me just a bit that we are listed as liabilities.
Yes, vets are an expense, just like feed or fence, but with due respect to vet and cowboy poet Baxter Black, I don’t like being “out there” as a liability. I think most vets want to be an asset, and on many farms or ranches, the herd-health vet actually is a true asset to the business.