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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1.8KHow to Make Practice Real Estate an Investment with $1 Million ROI
Making practice real estate a patient-pleasing financial winner.
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3.2KHow Buyers Can Find Value in Small Practices
The profitable opportunities presented by small practices.
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673One of My Practice’s Secrets to Maintaining Strong Cash Flow During the Pandemic
Sponsored Content By Roxanne Achong-Coan OD, FAAO, FIAOMC, FSLS This article is part of the six-part series, “Insights to Impact.” Articles in...
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719The Potentially Huge Impact of Switching from a SIMPLE IRA to a 401(k)
Why a 401(k) is a better option than a SIMPLE IRA.
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1.5KPrivate v. Private Equity Sale: Decision Analysis
Why selling to PE is often NOT the most profitable decision.
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2.2KStay Independent or Sell to PE? A Financial Analysis to Help You Decide.
Financial calculations to help you make a critical decision.
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3.5K3 Cost Cuts Saving My Practice at Least $1,000 Monthly
Strategies for limiting practice expenses.
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1.6K401(k): Why It’s Your Most Profitable “Employee” & How to Optimize It
Why & how to optimize your 401(k).
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2.6KThe Only Number Needed to Determine Practice Performance
Using an essential metric you may be overlooking.
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3.2KMy 3 Most Powerful Cost Cuts: 11% Reduction in Expenses & $100 More Per Patient
The enormous impact of strategic cost-cutting.
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3.9KAmerican Rescue Plan Act of 2021: How ODs Will Be Impacted & How to Optimize the New Law
How ODs can optimize the American Rescue Act of 2021.
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5.0KDon’t Make These PPP2 Application Mistakes
Tips for getting additional funding through the Paycheck Protection Program.
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2.6KA Financial Analysis to Do Before Buying or Building Practice Real Estate
An important action to take before buying real estate.
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2.7KPractice Finance 101 – Managing Working Capital (Cash in the Bank)
Tips for managing a key financial component of your practice.
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3.9KPPP Long-Term Impacts: What We Still Don’t Know
Managing PPP loans, including how to handle the current uncertainty.
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4.5KHow I Am Paying Off My Practice Loans in 6 Years & Saving $18,000 in Interest
Managing loans to limit interest & reinvest money back into the practice.
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4.1KTax Strategies to Benefit From–and Exercise Caution Before Trying
Tax deductions that can help or hurt you--if not used judiciously.
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4.3K
3 Tips for Tax Planning During COVID-19 from a Certified Financial Planner
Insights into maximizing your tax advantages.
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3.3KHow to Revise Your Practice Budget to Accommodate COVID-19 Impact
Tips for rethinking your budget given the ongoing pandemic.
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5.9KMaximizing the Benefits of Your PPP Loan: Tips from a Certified Financial Planner
PPP loan management tips from a financial expert.
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6.4KThe Most Effective Way to Spend Your PPP Loan
Tips for making your PPP money have the greatest impact.
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10.2KPPP Loan Forgiveness Calculator & Reopening Action Plan
Financial tools to get your practice back up and running.
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6.7KCOVID-19: Financial Management Checklist
Getting your finances in order to survive the crisis.
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8.9KCOVID-19: A Helpful Tool To Use In The Pandemic & Beyond
Help surviving COVID-19 financially as an independent OD practice.
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11.2KPrivate Practice Financial Tips for COVID-19 Pandemic Survival
The pandemic is here. These are the steps that you need to take today.
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13.3KThe Budgeting Change Enabling 10% Higher Practice Owner Compensation
Changing how you do budgeting to increase your compensation.
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12.6K5 Tips to Make Pretesting an Eye Health AND Practice Profitability Winner
Making pre-testing better for patients and practice.
