All profit and loss Articles

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  1.9K

  Finances

  How to Use Gross Profit Margin to Maximize Profitability

  Evaluating a key metric to grow profitability.

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  1.6K

  Finances

  Profit ≠ 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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  4.8K

  Insights From Our Editors

  2020 Budget: How to Do It Based On 2019 Numbers

  By Mark Wright, OD, FCOVD, and Carole Burns, OD, FCOVD Nov. 27, 2019 It’s that time of year when you should be...

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  7.5K

  Finances

  Why (and When) It’s OK to Stop Focusing on Practice Growth

  A new perspective on practice growth.

• 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

  Financial Management: How Much Should You Delegate?

  By Diane Palombi, ODBe hands-on with your practice's financial management. This secures your revenues and keeps you aware of your profitability.

• 10.0K

  Finances

  Measure Profitability with a Profit & Loss Statement

  By Melanie J. Denton, OD, FAAOLike any small business owner, OD-owners need to closely monitor their practice's gross and net revenues. Do...