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Avoiding white elephants in capital expenditure
  1. Ray Girotti

    Ray Girotti has been involved with the profession since 1987. He initially worked as a veterinary technician and veterinary nurse in the USA and London, before taking on a commercial role for two veterinary service companies. For the past 12 years he has worked in practice management, and, since 2003, he has been with the Goddard Veterinary Group as regional manager for south-west London. He holds the certificate in veterinary practice management and was awarded an MBA in 2001.


ONE of the greatest weaknesses of growing and established practices is the planning, selection and use of the appropriate form of capital for new investment or for financing replacement projects or equipment. Here, Ray Girotti outlines some analytical tools to help ensure that new investments in the practice make good financial sense.

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