All cogs Articles
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220Practice ManagementAdding Thousands to Net Profit with 1-2% Cost Cuts
Cost cuts that transform profitability.
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3.4KFinancesHow to Use Gross Profit Margin to Maximize Profitability
Evaluating a key metric to grow profitability.
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1.9KFinancesProfit ≠ 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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2.0KFinances3 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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3.7KFinances2 Things We Are Doing Differently in ’24 to Blunt Impact of Inflation
Lessening the negative impact of inflation.
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1.2KInsights From Our EditorsHow I Evaluate & Increase Profitability on Eye Drops, Supplements & Other Ancillary Products
Easy way to check & boost profitability on the add-on products you sell.
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1.7KContact LensesHow We Realized 20% Savings on CL COGS & Created $40K+ in Increased Profits
Taking a deliberate approach to prescribing & selling contact lenses.
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8.4KFramesThe Pricing Strategy Lowering Our COGS by Almost 10% While We Maintain a $564 Revenue-per-Exam
Creating pricing that works for both patients & practice profitability.
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3.2KPractice Management3 Ideas from Outside Optometry = COGS that Now Run at 20% or Less of Net Revenues
Profitably applying what works in other businesses to your practice.
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1.6KContact LensesHow to Lower CL COGS to Free Up As Much As $40,000 Annually
Small changes that sharply reduce COGS.
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3.7KPractice Management3 Independent Optometry Challenges I Met to Secure 30% Discount on Inventory & Better Manage Stress
Surmounting independent optometry's greatest challenges.
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3.4KPractice Management3 Steps to Highly Profitable Relationships with Vendors
Key actions to take to make vendors partners in building your practice.
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4.4KFinances3 Cost Cuts that Saved My Practice $300,000+
Cost cuts that made a huge impact on one practice.
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2.8KPractice ManagementThe New Optometric Alliance Saving Our COGs & Supporting Independent Optometry
Sponsored Content By Lori Duquette, OD, and Linda Duquette, Director of Operations, Duquette Family Eye Care, Inc. Nov. 10, 2021 When thinking...
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5.0KFinancesMy 3 Most Powerful Cost Cuts: 11% Reduction in Expenses & $100 More Per Patient
The enormous impact of strategic cost-cutting.
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6.5KFinancesVariance Report: What It Is & How It Can Aid Profitability
An essential analysis to help your practice stay on top.
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5.7KFinances5 Key Numbers to Review this Summer to Ensure Year-End Profitability
Tips for conducting a mid-year financial review.
