Finances
Insights to Impact
A new six -part series of articles and podcasts. Articles in this series detail the insights that 2020 and 2021 taught optometry and how those insights translate to actions that are having a positive impact on the profession. Read More...
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106How Incomplete Practice Financials Overvalued a Practice by $300K—And Almost Blew Up a Transition
Optometry practice valuation and tax strategies By Adam Cmejla, CFP® Jan. 8, 2025 Practice owners always have the goal of reducing their...
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653What Eyecare Demand & Optical Industry Numbers Say About Your Future as an Independent OD
Numbers-based look at the future of independent optometry.
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208How the Proposed Tariffs by the Trump Administration Could Reshape the Optical Industry
Trump administration tariffs’ impact on optical industry By Omar Elkhatib, The Vision Council Jan. 8, 2025 The incoming Trump administration’s potential new...
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5.5KHow ODs Compare to Others in Retirement Savings & What Your Goals Should Be
How do ODs' retirement savings compare to others?
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1.5K3 Most Reliable Ways to Increase Your Income as an Optometrist
Financial strategies for optometry practice success.
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109The Year-End Practice Checkup – How Much Can (And Should) I Pay Myself?
Optimizing doctor-owner compensation in optometry practices By Mick Kling, OD Dec. 18, 2024 In the first installment of “The Year-End Practice Checkup,”...
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808Outdated Practice Appraisals and My Passion for Independent Optometry
Optometry practice appraisal and cash flow optimization.
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3.2KWhat’s My Practice Worth?
Optometry practice valuation strategies.
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3.1KYear-End Practice Checkup: How to Conduct Comprehensive Review of P&L Statement
Optometry financial review: Strategies for revenue and expense evaluation By Mick Kling, OD Oct. 16, 2024 As we enter the last quarter...
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458How Marital Status & Home State Affect How You Should File Taxes to Best Manage Student Debt
Tax filing and student loan repayment strategies for optometrists
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1.3KHow Does the Average OD’s Salary Match Up to The Average American’s?
Optometrist salary comparison
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2.2K3 Metrics that Reveal the True Financial Health of Your Practice
Essential financial metrics for optometrists.
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1.4KChart of Accounts: How to Create this Chart to Better Measure (and Improve) Your Profitability
A new way of examining & improving your practice finances.
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2.1KThe Financial Investment You May Be Overlooking that Can Help Secure Your Retirement
Are annuities worth it for retirement? By Vittorio Mena, OD, MS July 31, 2024 As we grow older and get closer to...
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1.7K
What’s My Practice Worth?: The Most Common Methodologies Used to Answer that Question
The calculations used to determine how much your practice is worth.
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1.0KHow Much Money Should You Be Making as an OD? What Results of a New Survey Suggest.
Gauging your income level & making changes to do better.
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4.0KWhat You Should Know About Student Loan Forgiveness with Income-Driven Repayment Plans
Details on one route to choose in paying off student debt.
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3.7KHow to Inflation-Proof Your Practice
Inflation impact on your practice & what to do about it.
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1.9K
How to Use Gross Profit Margin to Maximize Profitability
Evaluating a key metric to grow profitability.
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1.1KHybrid Approach to Paying Off Your Student Debt & Deciding Which Approach is Right for You
Final article in three-part series on managing student debt.
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1.9KHow Myopia Management Added $75,000 in Bottom Line Revenue to My Practice
Maximizing the benefits of myopia management for patients & practice.
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1.7K4 Ways to Sustain Cash Flow in Your Practice When Consumers Are Spending Less
Sustaining cash flow during a consumer spending slowdown.
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2.5KWhy All Types of Life Insurance–and How You Use it–Are Not Equal
How best to invest in and manage life insurance. By Vittorio Mena, OD, MS April 24, 2024 With the summer months approaching,...
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1.6KProfit ≠ Cash Flow: Why It’s Important to Understand the Difference
An important distinction to understand in your financial management. By Mick Kling, OD April 17, 2024 Years ago, I received a phone...
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1.3KHow the Corporate Entity You Choose for Your Practice Impacts What You Pay in Taxes
The ramifications of the corporate entity you choose.
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1.9K3 Ways to Sustain Cash Flow in Your Practice When Consumers Are Spending Less
Part 1 of a two-part article on sustaining cash flow during a consumer spending slowdown. By Erich H. Mattei, MBA March 6,...
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3.5K2 Things We Are Doing Differently in ’24 to Blunt Impact of Inflation
Lessening the negative impact of inflation.
