All finances Articles

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  7.7K

  Issues in Optometry

  Avoid this Big Mistake in Selling Your Practice

  What you need to know before selling to private equity.

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  5.7K

  Finances

  Practice Budget: Stick to a Financial Plan and Increase Profits

  Learn how to create a budget to plan for greater profitability.

• Finances

  How to Use Your P&L Statement to Guide Practice Growth

  Learn how to create and use a P&L.

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  5.8K

  Issues in Optometry

  Practice Transitions: ODs Need to Think Like Private Equity Firms

  By Jerome A. Legerton, OD, MS, MBA, FAAO August 9, 2017 As ODs, we tend to think like ODs. Our optometric training...

• Finances

  Increase Your Net by $77,000 with 3 Cost Cuts

  Key places to cut costs and increase profitability.

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  6.5K

  Issues in Optometry

  Is Independent Optometry Still Desirable?

  Is practicing independent optometry still a good choice?

• 6.6K

  Finances

  11 Ways to Generate Income–When You’re Not Working

  You can make money even when you're not in the office. Here's how.

• Finances

  6 Ways to Reduce Costs & Increase Net Profits

  Keep costs as low as possible and watch profits soar.

• Finances

  Set Goals to Grow a More Profitable Practice

  Set the goals you need to grow--and prosper.

• Practice Management

  Build Profitability–and Work-Life Balance–with Partners

  How the right partner can improve your practice & life.

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  9.5K

  Practice Metrics

  How to Track & Grow Your Revenue-Per-Comprehensive Exam

  Pinpoint ways to increase your revenue-per-comprehensive exam.

• 3.9K

  The Optometric Minute

  Engage Staff with Open-Book Management

  Sept. 21, 2016: Gina Wesley, OD, MS, FAAO, has “opened her books” to staff and boosted engagement and motivation. Show staff how...

• Finances

  Five Steps to Making Better Business Decisions

  Make more profitable decisions for your practice.

• 2.4K

  Finances

  Plan Your Retirement Finances Early On

  By Adam Cmelja, President of Integrated Planning & Wealth ManagementMay 4, 2016 All ODs exit their practice at some point—and meet the...

• 5.4K

  Finances

  Implement a Payroll Budget to Control Costs

  By Tina McCarty, OD, FAAOApril 27, 2016Effective payroll budgeting keeps your practice's largest expense manageable, making practice profitability much more likely. 

• 5.1K

  Finances

  Use a P&L Statement to Track Performance and Grow Your Practice

  By Ken Krivacic, OD, MBAApril 13, 2016A profit and loss statement is the best measure of how your practice is performing financially....

• 2.4K

  Finances

  Four Timely Strategies to Reduce Your Tax Bill

  By Adam Cmelja, President of Integrated Planning & Wealth ManagementMarch 9 , 2016The annual deadline for filing taxes is fast approaching. Here...

• 2.6K

  Finances

  Diversify Your Investments, Build Financial Security

  By Chad Fleming, OD, FAAOMarch 16, 2016Diversifying investments is a key to a secure retirement with financial freedom. See how to set...

• 3.3K

  Finances

  Five Steps to Better Manage Your Finances

  By Adam Cmelja, President of Integrated Planning & Wealth ManagementFeb. 3, 2016Apply proven management techniques to improve your practice's finances. Here are...

• 2.7K

  The Optometric Minute

  Borrow Wisely in Your Practice Growth Plan

  Jan. 13, 2016: Kenneth Daniels, OD, FAAO, Dipl. ABO, owner of See Life - Hopewell & Lambertville Eye Associates in Hopewell and Lambertville, N.J.,...

• 3.1K

  News Briefs Archive

  AOAExcel & Bank of America Offer Customized Financial Lending for AOA Members

  Dec. 2, 2015: AOAExcel, a member benefit of the American Optometric Association (AOA) that offers products and services to help optometrists manage...

• 3.7K

  Finances

  Revenue Before Cost: Focus on Revenue-Generation, Not Cost-Cutting

  By Ken Krivacic, OD, MBAMay 27, 2015Investing in revenue-producing practice enhancements leads to profitability more than focusing on keeping costs down.     

• 5.6K

  Finances

  4 Steps to Prepare to Sell Your Practice

  By Erik Ferjentsik, MBAMay 13, 2015Four key steps to take early on (as much as five years before a sale) can raise your...

• 1.2K

  Finances

  Use Inventory Tracking Tools to Boost Profits

  By Thomas Tomasik, ODApril 29, 2015Carefully tracking your inventory is key to finding the most profitable mix of products to invest in,...

• 2.6K

  Finances

  Better Before Cheaper: Profit in Investing in Quality

  By Ken Krivacic, OD, MBAApril 15, 2015Improving quality and patient satisfaction—and not just cutting costs--is the best route to practice profitability. Three...

• 2.3K

  Finances

  Six ROI Winners for Your Practice

  By Laurie Sorrenson, OD, FAAOApril 15, 2015Which investments have made the greatest difference to your profitability? Here are six that produced great...

• 2.6K

  Finances

  Social Security Planning: Plan Early, Reap Rewards

  By Adam Cmelja, CMFAPosted 1-7-15Planning and adjusting retirement funds can make a six-figure difference in your benefits over a full retirement period.