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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568The Practice Retirement Plan Add-On with Significant Potential Tax Advantages
A complementary retirement plan with potential tax savings. By Adam Cmejla, CFP® Dec. 6, 2023 One of the benefits of owning your...
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881How Best to Grow the Cash You Choose to Keep in Your Practice
Maximizing the cash you are keeping in your practice.
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1.3KHow We Reduced Shipping Costs to Under $100 Monthly for Each of Our 5 Office Locations
Reducing shipping costs to propel better patient service & profitability.
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1.8KAn Essential, But Often-Overlooked Contract to Safeguard Your Practice & Personal Finances
A contract that protects you & your life partner.
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1.4KHow to Use Debt Responsibly In Your Practice When Interest Rates Are High
Ensuring your practice debt is ultimately beneficial.
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6.2K3 Cost Cuts Saving My Practice at Least $1,000 Monthly
Strategies for limiting practice expenses.
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1.5KTaxes: 3 Errors & 1 Improvement to Save You Significant Money
Ensuring you aren't leaving the IRS a tip.
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3.0KHow Much Should I Pay Myself in W-2 Salary to Optimize SS Tax Savings Benefits?
Maximizing social security tax benefits & personal savings.
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4.1KAre the Challenges of Private Practice Ownership Worth It?
Advantages to private practice ownership that you may not have considered.
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2.0KA Hierarchy of Where Practice Owners Should Invest Savings
Your many investment options for building wealth.
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2.7KThe New Benchmark Reports that One OD Will Use to Help Track & Lower Her COGS
Benchmark reports to gauge where you are & how far you can go.
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1.9KHow to Buy a Practice with 100% Bank Financing–or Sell to a Young OD Instead of PE
A way to make practice purchases within reach of more ODs.
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3.0K4 Ways to Increase Practice Revenue—When Vision Plans Won’t
Surviving managed care to grow profitability.
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6.5KWhy Selling to PE Could COST You Six Figures
Why that PE deal may not be as juicy as it seems.
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4.1KHow Fast is Private Equity in Optometry Growing?
Insights into where the PE market in eyecare is headed.
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5.5KHow a $4 Million+ Practice Increased Net Profit Without Cutting Staff Costs
Boosting net profit without sacrificing your staffing budget.
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1.8KHow I Conduct Financial Forecasts & Am Using this Analysis to Launch a Specialty CL Practice
Using financial forecasts to launch a new practice or new services.
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1.9KWhat Are Your Revenue-Producing Activities? Here’s How to Determine What to Delegate.
Knowing where you're most needed & where you can delegate.
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2.4KWhy I’m Afraid I’ll Flunk Retirement
Creating a timeline for retirement that works for you.
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1.7KDo You Have an “Intentional” Practice? How to Find Out & Why It’s Important.
Creating a practice that helps you fulfill your personal goals.
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4.6KThe Resource One New Practice Owner Credits With Saving Time & Enabling Better Decision-Making
Bookkeeping support that can reclaim hours of your time.
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3.1KHow to Make a Real Estate Investment with 10-15% Annual ROI Net
Making real estate a powerful practice investment.
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2.9KWhat Are “Holdbacks” in PE Sales & Will I Get My Money Back?
Understanding an important profitability variable in PE sales.
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2.5KPiloting Your Finances: How to Ensure a Profitable Landing for Your Practice
Long-term financial planning that ensures a profitable outcome.
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3.6K3 Cost Cuts that Saved My Practice $300,000+
Cost cuts that made a huge impact on one practice.
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3.5KThe Multiple Values of Private Practice “Ownership Premium”
Increasing practice value by calculating the value of the OD as practice owner.
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6.3KThe New Bookkeeping Service Saving One Practice 30% in Financial Management Time
A new service providing tremendous time savings.
