Do you have an insurance policy that protects your business from the possible debilitating effects of being temporarily put out of action? Running a vet practice is not just about insuring your property, stock, and equipment; you have to take into consideration the loss of gross profit or revenue if your business is interrupted.
You will be surprised with the high number of Australian veterinary clinics and animal hospitals that do not have business interruption insurance. If your insurance policy is triggered by malicious damage, burglary, or fire, the operations of your veterinary clinic will most likely halt (definitely reduce whilst your energy is focused elsewhere) and you will have plenty of lost hours. Are you willing to take the risk of cutting your business’ profitability for a few days, weeks, or even months?